What Happened
Pentagon Awards Major Support and Missile Deals to Leading Defense Firm
Lockheed Martin has been awarded $13 billion in defense contracts by the Pentagon, including a 12-year logistic support deal for the US Special Operations Command worth up to $10.5 billion. The company will also supply F-35 fighter jet spare parts to the Air Force, Marine Corps, Navy, and foreign customers for $1.6 billion over seven years. Additionally, Lockheed Martin will provide $439 million in ATACMS guided missiles and launching assemblies. The contracts were reported by al.com.