Lockheed Martin awarded $720.12M modification to a U.S. Army contract

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Lockheed Martin awarded $720.12M modification to a U.S. Army contract
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* Lockheed Martin (NYSE:LMT [https://seekingalpha.com/symbol/LMT]) has been awarded [https://www.defense.gov/News/Contracts/Contract/Article/4274130/] a $720.12M modification to a U.S. Army contract. 
* The modification brings the total cumulative face value of the contract to $1.49B. 
* Work will be performed in Ocala, Florida, with an estimated completion date of Sept. 30, 2028. 
* Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.

 

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