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Lockheed Martin awarded $212.74M Army contract modification

Lockheed Martin (LMT) was awarded a $212.74M modification to a contract for PATRIOT Advanced Capability-3 logistics support, missile repair, and launcher repair and return. This modification brings the total cumulative face value of the contract to $875.63M. Work locations and funding will be determined with each order, with an estimated completion date of Feb. 24, 2027. Army Contracting Command is the contracting activity.

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