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Lockheed Martin’s Expertise in Hypersonic Flight Wins New Army Work

On August 29, the U.S. Army awarded Lockheed Martin (NYSE: LMT) a contract at an estimated value of $347 million as part of a multi-year hypersonic weapons development in support of the Army’s focus in long-range precision strike missiles. As the prime contractor for the Long-Range Hypersonic Weapon (LRHW) systems integration project, the Lockheed Martin-team will develop and integrate a…

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