Lockheed Martin secures $211 million contract for C-5M Super Galaxy fleet
Get Alerts LMT Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
Revenue Growth %: +9.9%
Join SI Premium – FREE
Investing.com -- Lockheed Martin (NYSE: LMT) Aeronautics Co. has been awarded a $211,291,638 contract to provide technical and engineering services for the C-5M Super Galaxy fleet, according to a Department of Defense announcement.
The Marietta, Georgia-based company received the cost-plus-fixed-fee, firm-fixed-price, and indefinite-delivery/indefinite-quantity contract action that includes engineering investigations, analyses, deficiency resolution concept formulation, proof-of-concept designs, and both laboratory and aircraft testing.
Work under the contract will be performed in Marietta and is scheduled to be completed by September 14, 2030. The DoD noted that $34,861,827 in fiscal 2025 appropriated funds have been obligated at the time of the award.
The contract was awarded as a sole source acquisition, with the C-5 contracting branch at Robins Air Force Base in Georgia serving as the contracting activity under the designation FA8525-25-D-B002.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US government plans $4 billion loan to Vistra for nuclear upgrades - Bloomberg
- Equity Union Real Estate Launches Healthcare Program for Real Estate Agents and Their Families
- American Gene Technologies to Present at the NIBA 153rd Investment Conference in Fort Lauderdale
Create E-mail Alert Related Categories
InvestingRelated Entities
Definitive Agreement, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share