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Lockheed Martin awarded missile contract worth up to $4.1 billion

By Ben Glickman

Lockheed Martin (LMT) on Thursday was awarded a missile defense contract worth up to $4.1 billion.

The Defense Department said the company would develop, test, deliver and help operate updates and new capabilities for the command and control, battle management and communications system, or C2BMC, for the Missile Defense Agency.

The contract has a maximum ceiling of $4.1 billion, and includes $490.4 million for enterprise management and services. Product execution is valued at $322 million.

The work will be performed in various locations worldwide.

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04-11-24 1855ET

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