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Lockheed Martin Wins Deal to Turn Bark into Power

Lockheed Martin (NYSE: LMT) and Whiting Turner picked up a deal from the U.S. Department of Veterans Affairs (VA) worth $15 million to install a biomass steam-generation system to produce heat and power at the VA Medical Center in Canandaigua, N.Y.

According to the firm, “will be outfitted with a fully automated system that uses biomass byproducts such as wood chips and bark salvaged from local lumber yards and logging operations to generate clean, steam-powered energy.”

The firm is happy to be making strides in the quest for clean energy.

“We recognize the critical need to reduce the country’s dependency on fossil fuels and significantly increase clean energy generation, ” Chris Myers, Lockheed Martin vice president for energy and government programs, said. “The success of our biomass system demonstrates our ability to design cost efficient, renewable energy systems, helping to secure a clean energy future.”

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