Lockheed Martin to buy military equipment from US Defense for 1 billion
2022.12.25 01:58
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Lockheed Martin to buy military equipment from US Defense for 1 billion
Budrigannews.com – Companies received defense contracts from the United States on Friday, one of which was worth more than a billion dollars to Lockheed Martin Corp. (NYSE:), a statement from the Department of Defense said.
On the $1.05 billion Lockheed contract, the department stated, “This contract procures long lead time materials, parts, components, and efforts necessary to maintain on-time production and delivery of 118 Lot 18 aircraft F-35 aircraft for the Air Force, Marine Corps, Navy, non-U.S. Department of Defense participants, and Foreign Military Sales customers.”
Lockheed Martin was awarded a $431 million contract from the Defense Department earlier this month to supply the United States Army and its foreign allies with new High Mobility Artillery Rocket Systems (HIMARS) and support services.
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In its own right, Boeing (NYSE:) The department announced on Friday that Co was given a firm-fixed-price contract worth $497 million for CH-47F helicopters. Additionally, the estimated contract completion date was December 30, 2025.
