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Lockheed To Help Update US Ballistic Missile Defense Simulation Framework Under $240M Contract

Lockheed Martin (NYSE: LMT) has secured a $240M contract to help the Missile Defense Agency update the foundational simulation approach for the country's Ballistic Missile Defense System. The company said Wednesday it will lead an industry team to sustain the readiness of BMDS to counter evolving threats as part of the Modeling and Simulation Contract–Framework and Tools.

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