Sales of ballistic missile defense systems and components have grown to make up 10 percent of the revenues in Lockheed Martin [LMT], the largest defense contractor, a senior official said yesterday. "About 10 percent of our sales last year were in the missile defense" area, according to John W. Holly, vice president of Lockheed operations at Huntsville, Ala., briefing defense journalists at the National Press Club. As the Navy increases the size of its fleet equipped with the Aegis missile…
Ballistic Missile Defense Programs Comprise 10 Percent Of Lockheed Revenues
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