Department of War Awards Lockheed Martin $58.62 Billion for Multiyear PAC-3 MSE Production

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-29T23:09:00Z
Category: business
Source: PR Newswire

Lockheed Martin (NYSE: LMT) received a substantial $58.62 billion award from the Department of War for multiyear production of PAC-3 MSE missiles, a development expected to significantly impact its defense contracts and future revenue outlook.

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