Lockheed Wins $48M DLA Contract for Radar Equipment

The Defense Logistics Agency has awarded Lockheed Martin’s (NYSE: LMT) MS2 radar systems business a firm-fixed-price, basic ordering agreement contract.

The award is for radar equipment and is worth up to $46,503,900.

The U.S. Navy is the using service. The date of performance completion is Jan. 30, 2017.

The DLA Aviation, Philadelphia, Pa., is the contracting activity.

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