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Lockheed Martin gets $19M Navy deal


Published : Thu, 10 May 2007 00:06
By : Agencies
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WASHINGTON (AP) - The U.S. Navy on Wednesday said it awarded a $19 million contract to a unit of Lockheed Martin Corp. to deliver laser guided training rounds and other equipment.

The Archbald, Pa.-based Lockheed Martin Missile and Fire Control will deliver 10,139 laser guided training rounds and 2,000 wooden containers.

The defense contractor is expected to complete the work by August 2009.

Shares of Lockheed Martin rose 54 cents to $98.76 Wednesday.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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