armstrademarket

Lockheed Martin Corp. (New York:LMT) snagged a contract modification worth $83.2 million from the US Department of Defense for producing additional missiles under the Army's Conventional Prompt Strike program, the agency reported.
The modification of the existing contract with the US Navy under the 'cost-plus-incentive-fee' scheme involves funding the procurement of ready-made munitions for the needs of the US Army. The work will be carried out by Lockheed Martin Space in Littleton, Colorado, under contract N00030-22-C-1025.