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Lockheed to Sustain Navy LCS Combat Mgmt System Under Potential $790M Contract

Lockheed Martin (NYSE: LMT) has received a potential $789.6M contract from the U.S. Navy to provide sustainment and maintenance support for the combat management system of the service’s littoral combat ships. The sole-source contract for the Littoral Combat Ship Component Based Total Ship System – 21st Century program has a base amount worth $98.6M, the Department of Defense said Friday.

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