Lockheed Martin Corporation’s (LMT) unit, Rotary and Mission Systems, recently clinched a modification contract to exercise options for the procurement of hardware spares to support the U.S. Navy’s Sonar systems. The award has been offered by the Naval Sea Systems Command, Washington, D.C.Valued at $12.3 million, the contract is expected to be completed by September 2030. The majority of the work related to this deal will be executed in Manassas, VA, and Clearwater, FL.LMT Stock’s Growth ProspectsWith the r ...