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Lockheed Martin Awarded $451 Million To Upgrade Additional US Army And International M270 Launchers
May 10, 2024
DALLAS, Texas, May 10 -- Lockheed Martin issued the following news release:

The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $451 million contract to recapitalize additional M270 systems expanding its domestic fleet of launchers and providing upgrades for global partners.

The award follows an initial agreement issued in 2019, and subsequent contracts calling for recapitalization to support mission readiness through 2050.

"The modernization effort wi . . .

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