LMT Wins $73M Deal to Support MK 41 Vertical Launching System
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Lockheed Martin (LMT) has secured a $73 million contract to supply MK 41 Vertical Launching System modules and equipment to the Naval Sea Systems Command in Washington, D.C.
December 16, 2024 | 3:30 pm
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Lockheed Martin has been awarded a $73 million contract to provide MK 41 Vertical Launching System modules to the Naval Sea Systems Command, which could positively impact its revenue and strengthen its position in defense contracts.
The $73 million contract is a significant addition to Lockheed Martin's defense portfolio, likely boosting its revenue and reinforcing its relationship with the Naval Sea Systems Command. This contract win is expected to have a positive short-term impact on LMT's stock price.
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