Lockheed Martin Secures $607 Million in Defense Contracts
Lockheed Martin Corp. has been awarded two defense contracts totaling over $607 million by the U.S. Department of Defense. The contracts include support for AH-64 aircraft systems and modifications to the Global Positioning System.
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Lockheed Martin Corp. has secured contracts worth over $607 million from the U.S. Department of Defense. One contract, valued at approximately $502.4 million, is for post-production support of the AH-64 aircraft's Modernized Target Acquisition Designation Sight and Pilot Night Vision Sight, lasting until July 5, 2031.
A second contract, awarded to Lockheed Martin Services LLC, is a fixed-price contract capped at $105 million for modifications to the Global Positioning System. This work is scheduled for completion by December 31, 2030.
The funding allocation for research and development from FY 2026 is $10,068,764. These contracts reflect ongoing investment in military technology and systems.
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