Lockheed Martin Gets $7.4M Navy Pact

Stock quotes in this article: LMT  

WASHINGTON (AP) — A division of Lockheed Martin Corp. received a $7.4 million contract boost from Navy for services on the Virginia class submarine, the Pentagon said late Thursday.

Work will be performed in Clearwater, Fla., and Manassas, Va., and is expected to be completed by October 2010.

Shares of the Bethesda, Md., company fell 17 cents to $69.32 in midday trading Friday.

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