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Lockheed Martin Receives $405.8 Million To Support Army Hypersonic Demonstrations

Lockheed Martin Receives $405.8 Million To Support Army Hypersonic Demonstrations

Lockheed Martin [LMT] has received a $405.8 million contract modification to design and build large diameter rocket motors and missile body components to support upcoming Army flight tests for the Intermediate Range Conventional Prompt Strike Weapon program, the Pentagon said Tuesday. The Navy’s Strategic Systems Programs (SSP) office awarded the deal, which is the maximum amount included in a previously un-priced letter contract, with work expected to be completed on Jan. 1, 2024. The deal follows an $846 million contract…

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