US Army Awards $347M Contract
1 source · first reported 3h ago
Lockheed Martin has been awarded a $347.5 million contract to develop and test improvements to prototype air and missile defense systems. The contract is for the development, fabrication, and testing of these systems. The details of the contract are outlined in the Pentagon's contract announcement.
Why it matters
This contract is significant as it represents a major investment in the development of next-gen missile defense systems, which are crucial for the US Army's air and missile defense capabilities. The advancements in these systems will enhance the army's ability to defend against emerging threats.
Independent Media 1
Single-source: Independent Media
Development timeline
How this story unfolded across sources, oldest first.