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Boeing Gets $14.7 Bln Contract From Lockheed Martin To Triple PAC-3 MSE Seeker Output

Source: Nasdaq

Infrastructure & DefenseCompany Fundamentals

Boeing received an undefinitized contract action from Lockheed Martin worth around $14.7 billion to triple production of PAC-3 Missile Segment Enhancement (MSE) seekers. The large production award is positive for Boeing, though the contract action is not yet definitized.

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