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RTN Raytheon Co

116.96
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Raytheon Co NYSE:RTN NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 116.96 0 01:00:00

Lockheed Gets $7 Billion Air Force Modification for F-22 Sustainment

21/12/2019 12:34am

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By Josh Beckerman

 

Lockheed Martin Corp. (LMT) has been awarded a $7 billion U.S. Air Force contract modification for F-22 air vehicle sustainment.

The Defense Department said work is expected to be completed by December 2032.

Meanwhile, the U.S. Navy awarded Lockheed Martin Corp. a $1.96 billion modification for the detail design and construction of four Multi Mission Surface Combatant ships. The MMSC is being procured by Saudi Arabia under the Navy's Foreign Military Sales program, the Defense Department said.

Additionally, Raytheon Co. received a $1.03 billion Navy contract and a $1.02 billion Missile Defense Agency modification.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

December 20, 2019 19:19 ET (00:19 GMT)

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

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