Lockheed Awarded $3.2B Air Force Contract to Supply Air-to-Surface, Anti-Ship Missiles

The U.S. Air Force has awarded Lockheed Martin‘s (NYSE: LMT) missiles and fire control business a $3.23 billion sole-source contract for the production of joint air-to-surface standoff missiles and long-range anti-ship missiles. The firm-fixed-price, undefinitized contract action covers JASSM Lot 22 and foreign military sales missile procurement and the contractors will supply the systems to

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