Lockheed lands $347M deal to ramp up local defense program

//Lockheed lands $347M deal to ramp up local defense program

Lockheed lands $347M deal to ramp up local defense program

Lockheed Martin Corp. secured a $347 million modification to a U.S. Navy contract with local work, the Department of Defense announced Feb. 7.  The contract is for the procurement of long lead materials that will enable Lockheed to stay on track for the delivery of 43 F-35 aircraft. Ten percent of the work will happen in Orlando, and it’s expected to wrap up in December 2023.  Bethesda, Maryland-based Lockheed (NYSE: LMT) is the region’s eighth-largest employer, with 8,000 local workers,…

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By | 2020-02-11T09:00:00+00:00 February 11th, 2020|Technology|

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