U.S. Navy awards Lockheed Martin $383 million for U.S. Deterrence at Sea

Posted by admin

The U.S. Navy awarded Lockheed Martin (NYSE:LMT) a $383 million cost-plus-incentive-fee and cost-plus-fixed-fee modification to the existing contract for development of the next generation of the Trident II Strategic Weapons System (SWS) D5 missile to continue the nation’s sea-based strategic deterrence.