Lockheed-Raytheon JV Lands $1.3B Army Follow-On Award for Javelin Missile Production

A joint venture of Lockheed Martin (NYSE: LMT) and RTX‘s (NYSE: RTX) Raytheon business has received a potential $1.3 billion follow-on contract from the U.S. Army to produce Javelin missiles and supply related equipment and services for the military branch. The companies said in a joint release published Thursday the follow-on award is part of

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