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Lockheed May Seek GMD Work, Touts $556 Million PAC-3 Army Contracts

PAC-3 Contract Part Of $1.7 Billion Lockheed Missile Defense Orders In 2007 Middle East May Be Ripe Market For Lockheed Missile Defense Systems Lockheed Martin Corp. [LMT] has begun jockeying to get a piece of the action in the Ground-based Midcourse Defense (GMD) missile shield program now led by prime contractor The Boeing Co. [BA], a possible contest that also might include Northrop Grumman Corp. [NOC]. Separately, the Army gave Lockheed a total $556 million in orders for Patriot Advanced…

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