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Business/Financial

Lockheed Martin Nabs $800 Million Australian Defense IT Contract

By Cal Biesecker

Wednesday, September 10th, 2014

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Lockheed Martin [LMT] said on Wednesday it has received a contract worth about $800 million from the Australian Department of Defence for a major data center consolidation effort. The company said that the award to its Australia-based company, Lockheed Martin Australia, further solidifies its position as a top information technology (IT) service provider to international customers while supporting its strategy of international expansion. “In Australia we’re developing an increasingly strong footprint in our information systems business,” Sondra Barbour, Lockheed Martin’s…

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