Lockheed (LMT) Wins $520M Deal to Aid F-16 Block 70/72 Jet
Lockheed Martin(LMT) ZACKS·2024-07-10 20:56
Lockheed Martin Corp.’s (LMT) business segment, Aeronautics, recently secured a modification contract involving its advanced F-16 Block 70/72 aircraft. The award has been offered by the Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, OH.Details of the DealValued at $520.4 million, the contract is projected to be completed by Jun 30, 2028. The latest modification expands the current long lead materials contract to begin production tasks of the Viper Shield electronic warfare suite fo ...