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Lockheed Martin (LMT) Receives $87.6M USAF Contract for Paveway II Plus Laser Guided Bombs

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U.S. Air Force Awards Lockheed Martin $87 Million Contract for Paveway™ II Plus Laser Guided Bombs

September 19, 2016 11:15 AM EDT

ARCHBALD, Pa., Sept. 19, 2016 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) received an $87.6 million contract from the U.S. Air Force for follow-on production of Paveway II Plus Laser Guided Bomb (LGB) kits. 

The contract represents the majority share of fiscal year 2016 funding and the 8th consecutive majority win for Lockheed Martin... More