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Lockheed Martin awarded $1.0B U.S. Navy contract modification

Lockheed Martin (LMT) Space is being awarded a cost-plus-incentive-fee and cost-plus-fixed-fee unpriced letter contract modification with a not-to-exceed amount of $1,002,700,000 under an existing contract. This effort will support program management, engineering development, systems integration, long lead material, and special tooling and equipment in support of missile and launching platform production for Conventional Prompt Strike.

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