Upgrade to SI Premium - Free Trial

Lockheed wins $451 million U.S. defense contract: Pentagon

July 16, 2018 5:17 PM

WASHINGTON (Reuters) - Lockheed Martin Corp (NYSE: LMT) is being awarded a $451 million contract modification to a previously awarded contract for material and detail design in support of the construction of four Multi Mission Surface Combatant ships, the Pentagon said on Monday.

The contract involves foreign military sales to Saudi Arabia, the Pentagon said.

(Reporting by Eric Walsh; editing by David Alexander)

Categories

Reuters

Next Articles