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Lockheed Martin Awarded $100 Million Logistics Contract

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Lockheed Martin [LMT] this week announced it was awarded an initial 10-year contract valued at more than $100 million by the New Zealand Defence Force (NZDF) to provide its Army with warehousing and repair services. The contract allows for syndication with other New Zealand agencies, including New Zealand Police, for which Lockheed Martin could also assume warehousing and facilities maintenance work. The agreement includes the maintenance, repair and overhaul of the organization's equipment and supply chain services ranging from soldier…

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