Lockheed Gets $361M Modification on PAC-3 Price Requirements for FMS Deal

Lockheed Martin (NYSE: LMT) has booked a potential $2.45 billion contract modification from the U.S. Army to produce guided air and missile defense systems. The aerospace and defense contractor will manufacture the Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 missiles at its facility in Grand Prairie, Texas, through the end of December

Lockheed Martin (NYSE: LMT) has secured a $273 million contract modification to support the production of guided air and missile defense systems for the U.S. Army and foreign military sales customers. The defense contractor will provide hardware, equipment and facilities, as well as technical, planning, management, manufacturing and testing services for the manufacturing of Phased

Lockheed Martin (NYSE: LMT) has received a potential five-year, $307.1 million contract from the U.S. Army to repair and recertify its Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 missiles. U.S. Army Contracting Command at Redstone Arsenal in Alabama is the contracting activity and obligated at the time of award $150.4 million in