Lockheed wins $451 million U.S. defense contract: Pentagon
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FILE PHOTO - Lockheed Martin's logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. REUTERS/Kim Kyung-Hoon/File Photo
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Price: $525.28 -1.44%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
Revenue Growth %: +10.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
Revenue Growth %: +10.0%
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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)
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