Share Name Share Symbol Market Type
Lockheed Martin Corp NYSE:LMT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  2.42 0.63% 386.47 387.78 383.995 384.00 658,026 00:59:39

Lockheed Martin Gets $998 Million Contract From US Air Force

02/12/2019 11:37pm

Dow Jones News


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   By Stephen Nakrosis 
 

Lockheed Martin Missile and Fire Control was awarded a $988.8 million modification to a previously-awarded contract to work on the U.S. Air Force's hypersonic Air-Launched Rapid Response Weapon, the Pentagon said Monday.

Under the terms of the contract, the company will review and test the weapon, as well as provide production readiness support, the Pentagon said.

Work will be conducted in Orlando, Florida, and is expected to be completed by Dec. 31, 2022, the Pentagon said.

Lockheed Martin Corp. (LMT) is the parent of Lockheed Martin Missile and Fire Control.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

December 02, 2019 18:22 ET (23:22 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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