Lockheed Martin Patriot Missile Contract: Pentagon Awards Record $58.6 Billion Defense Deal.
Executive Summary: Pentagon Commits Record Capital to Air Defense Production In the largest single surface-to-air missile procurement order in military history, the U.S. Department of Defense has officially awarded aerospace prime contractor Lockheed Martin ($LMT) a contract expansion worth up to $58.62 billion. The landmark deal transitions a preliminary $4.7 billion single-year action from April … Read more