Lockheed gets $23M Air Force deal |
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Mon, 30 Apr 2007 23:23
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WASHINGTON (AP) - The U.S. Air Force on Monday awarded a $23 million contract to Lockheed Martin Corp. for advanced material and low rate production for the C-5M aircraft.The U.S. Air Force is currently upgrading its C-5 aircraft, a large cargo plane used to transport troops and supplies, with new engines and modernized avionics.Shares of Lockheed fell 55 cents to close at $96.14 on the New York Stock Exchange.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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