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Lockheed to Modernize Long Range Radars on $30M Air Force Contract

The U.S. Air Force has awarded Lockheed Martin Corp.’s (NYSE: LMT) MS2 radar systems business segment a $30, 167, 558 firm-fixed-price contract to modernize 29 AN/FPS 117 long range radars.

The contract was awarded under the essential parts replacement program.

Work will be performed at Liverpool, N.Y. Hill Air Force Base, Utah is the contracting activity.

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