Lockheed Martin awarded $720.12M modification to a U.S. Army contract

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  • Lockheed Martin (NYSE:LMT) has been awarded a $720.12M modification to a U.S. Army contract. 
  • The modification brings the total cumulative face value of the contract to $1.49B. 
  • Work will be performed in Ocala, Florida, with an estimated completion date of Sept. 30, 2028. 
  • Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.

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