Lockheed Martin Corp. was awarded a U.S. Army contract valued at up to $4.94 billion.
- U.S. government contract orders made up about 72 percent of the company’s revenue in the four quarters ended Sept. 2024
Following is the text from the Defense Department announcement:
Lockheed Martin Corp. was awarded a $4.93 billion firm-fixed-price contract for the Precision Strike Missiles Increment One. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of March 30, 2030.
Click here for the DOD Announcement Website.
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