Lockheed Martin Gets $59.6M Navy Deal

Stock quotes in this article: LMT  

WASHINGTON (AP) — A division of Lockheed Martin Corp. received a $59.6 million contract from the Navy to provide services on the P-3C aircraft acoustic system and tactical software, the Pentagon said late Monday.

Work will be performed in Manassas, Va., Patuxent River, Md., and is expected to be completed by November 2014.

Shares of the Bethesda, Md., company added 91 cents to close at $76.98.

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