Published: Apr 03, 2023, 20:00 IST | Updated: Apr 03, 2023, 20:00 IST
Business & Economy Apr 03, 2023, 20:00 IST
Lockheed Martin lands multi-year $4.5 billion missile deal
The United States Army has awarded Lockheed Martin a multi-year production contract for joint air to ground missiles and hellfire missiles. The overall contract value, including follow-on awards, is close to 4.5 billion US Dollars. One of the first multi-year awards for precision weapons, the 439 million dollar agreement is part of the Pentagon's effort to stockpile weapons to isolate China.