Lockheed (LMT) Wins $200M Deal to Support the U.S. Navy

Lockheed Martin Corp.’s (LMT) business segment, Rotary and Mission Systems (“RMS”), recently clinched a modification contract for providing engineering design, development and production support to the U.S. Navy. The award has been offered by the Naval Sea Systems Command, Washington, D.C.Valued at $199.6 million, the contract is projected to be completed by September 2025. A major portion of the work related to this deal will be carried out in Manassas, VA.Lockheed’s Maritime SolutionsNations across the gl ...