Lockheed Awarded $611M Navy Contract Modification for Advanced F-35 Warfare Capabilities

Lockheed Martin (NYSE: LMT) has secured a U.S. Navy contract modification worth $611.3 million to develop infrared and radar detection capabilities for the F-35 program. The Department of Defense said Friday the aerospace and defense manufacturer’s aeronautics business is tasked with providing Multi-Ship Infrared Search and Track Increment 2 hardware and Band 5 Radar Warning Receiver

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