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Lockheed Martin Bags $1.2 Bln Contract From US Army For Precision Strike Missile Increment 2
Source: Nasdaq
Infrastructure & DefenseCompany Fundamentals
Lockheed Martin secured a $1.2 billion indefinite-delivery, indefinite-quantity contract to produce Increment 2 of the Precision Strike Missile (PrSM). The award strengthens Lockheed's defense backlog and supports future revenue from U.S. precision-strike missile production.
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