Lockheed Martin bags ~$1B modification contracts from U.S. Army (NYSE:LMT)

Lockheed Martin headquarters located in Silicon Valley


Lockheed Martin headquarters located in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

Lockheed Martin (NYSE:LMT) awarded ~$556.11M modification (P00100) to contract W31P4Q-20-C-0023 for Phased Array Tracking Radar to Intercept on Target Advanced Capability-3 production.

Work has an estimated completion date of Dec. 31, 2032.

Lockheed Martin (LMT) was also awarded ~$501.7M modification (P00001) to

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