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Lockheed wins US Army missile contract worth up to $1.2 billion
Source: reuters.com
Infrastructure & DefenseCompany Fundamentals
Lockheed Martin secured a U.S. Army contract worth up to $1.2 billion to produce the Increment 2 version of its Precision Strike Missile (PrSM). The award supports Lockheed's defense backlog and missile-production revenue outlook, with a positive but primarily company-specific market implication.
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