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Can AEGIS Combat System Demand Boost Lockheed Martin's Growth?

Zacks Investment Research·
Can AEGIS Combat System Demand Boost Lockheed Martin's Growth?

Lockheed Martin's Rotary and Mission Systems business received a $94.2 million contract modification from the U.S. Navy to support continued development and integration of the AEGIS Combat System for the Royal Canadian Navy. The work, funded through the Foreign Military Sales program, will be completed by December 2027 and includes system engineering, software development, and integration testing.

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