Lockheed Wins $308M More to Manufacture Tactical Missiles, Launcher Kits for Kuwait

lockheed martinLockheed Martin (NYSE: LMT) will take in more than $308 million to manufacture tactical missiles and launcher modification kits for the country of Kuwait through a foreign military sale.

The new award modifies a previously awarded contract, which now totals more than $1.06 billion, the Defense Department said Tuesday.

The award includes money from fiscal year 2012 and fiscal year 2013 procurement funds and the delivery of the contracted goods will involve work across the U.S.

The Bethesda, Md.-based aerospace and security contractor will perform contract work in three cities in Texas and one city in the states of Arkansas, Massachusetts, Florida, Alabama and California.

The Army Contracting Command, Redstone Arsenal, Ala., is the contracting activity on the modification.

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