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Lockheed Receives $1.4B Contract for Lot 12 F-35 Long Lead Parts

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $1.38 billion contract to fund the procurement of long lead parts and components for the 12th batch of F-35 aircraft. The Defense Department said Friday the materials are needed for the manufacture of 130 lot 12 F-35s in support of U.S Air Force, Marine Corps, Navy, non-DoD …

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