The DoD has awarded Lockheed Martin (NYSE:LMT) three contracts with a total value of $626.3M. Two of the awards were by the U.S. Navy, including a $492M contract to support F-35 Lightning II Joint Strike Fighter aircraft and a $64.3M contract for modification work on some F-35A air vehicles. A third $70M was awarded by the U.S. Air Force to work on extremely high frequency systems needed for planning defense missions.
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