3 days ago
Lockheed Martin awarded $110.9M Navy contract modification
Lockheed Martin (LMT) was awarded a $110.9M cost-plus-fixed fee modification to a previously awarded contract for Trident II missile production and deployed systems support. Work is expected to be completed Sept. 30, 2029. The maximum dollar value of the contract action is $110.9M. This contract is being awarded to the contractor on a sole source basis under 10 U.S. Code 3204 and was previously synopsized on the Systems for Award Management website, with one proposal received. Strategic Systems Programs, Washington, D.C., is the contracting activity. The information contained in the announcement is unclassified.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.