Army Awards Lockheed $497M for Missile Post-Production Service Extension - GovCon Wire

Lockheed Martin (NYSE: LMT) has received a two-year, $497.3M contract modification to continue providing post-production services for the U.S. Army’s missile support hub for the Patriot Advanced Capability-3 air defense system.

Army Contracting Command received one bid for the contract through an online solicitation process and will determine funding and work locations upon issuance of each order, the Department of Defense said Monday.