Lockheed Martin (LMT) was awarded a $4.23B modification to a contract for production of the Guided Multiple Launch Rocket System. The total cumulative face value of the contract is $13.27B. 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 Oct. 20, 2027. Army Contracting Command is the contracting activity.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LMT:
- Lockheed Martin awarded $720.12M Army contract modification
- Lockheed Martin expands industrial collaboration package for the Philippines
- Private Markets: Canva draws attention as IPO candidate following Figma debut
- Canada Expected to Stick with Lockheed Martin’s (LMT) F-35 Fighter Jet
- Firefly Aerospace Stock (FLY) Jumps 55% in Market Debut
