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Tag Archives: risk reduction work

Lockheed, Raytheon Win Pair of $900M LRSO Missile Tech Maturation Contracts

The U.S. Air Force has awarded a pair of contracts worth approximately $900 million each to Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) to conduct technology maturation and risk reduction work for the Long Range Standoff nuclear cruise missile. The companies will perform work at their respective facilities in Florida and …

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