Lockheed Secures a $139M Deal to Support Stinger Missile Program
Lockheed Martin(LMT) ZACKS·2024-11-18 14:25
Lockheed Martin Corp. (LMT) recently clinched a modification contract to supply fuse/warhead body assemblies for Stinger missiles. The award has been offered by the Army Contracting Command, Newark, NJ. Valued at $139 million, the contract is expected to be completed by Nov. 30, 2027.LMT’s Place in Missile MarketLockheed Martin, a renowned manufacturer of stealth and agile military aircraft, is also a well-known producer of combat-proven missiles that are being used by nations across the globe. For instance ...