Lockheed's Unit Secures a Contract for Czech Republic's F-35 Integration [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
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Source: Yahoo! Finance
Lockheed Martin Corporation 's LMT Aeronautics business segment recently clinched a $422.2 million contract to provide key services for the integration of Czech Republic into the F-35 Joint Strike Fighter program. This contract entails Lockheed to offer program management, logistics, sustainment and systems engineering services support. The work related to this deal will be carried out in various undisclosed locations outside and inside the continental United States. The deal is projected to be completed by September 2027. The contract has been offered by the Naval Air Systems Command, Patuxent River, MD. What's Favoring LMT? With countries worldwide enhancing their defense capabilities, spending on advanced military arms and ammunition has been rapidly increasing. This also includes fighter jets, which are crucial for air warfare missions. This trend has been benefiting Lockheed, a renowned manufacturer of combat aircraft, in the form of a steady flow of orders from the Pentag
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LMT
Earnings
- 7/23/24 - Beat
LMT
Sec Filings
- 8/27/24 - Form 8-K
- 8/5/24 - Form 4
- 8/1/24 - Form 144
- LMT's page on the SEC website