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Lockheed Martin, Boeing, and Northrop Grumman: Defense Contracts Wins

  • October 02nd, 2023
  • 321 views

Lockheed Martin Rotary and Mission Systems, a business segment of Lockheed Martin Corporation (NYSE: LMT), has been granted a $10,854,384 cost-plus-fixed-fee modification to a previously awarded contract for Extra Large Unmanned Undersea Vehicle engineering support. The contract is overseen by Naval Sea Systems Command in Washington, D.C.

In after-hours, $LMT was trading at $411.03, reflecting an increase of $3.21 (+0.79%).

The Boeing Company (NYSE: BA) has also secured a $10,620,251 cost-plus-fixed-fee modification to a previously awarded contract for Extra Large Unmanned Undersea Vehicle engineering support. This contract is managed by Naval Sea Systems Command in Washington, D.C.

$BA was trading at $187.94 in after-hours, up $0.11 (+0.06%).

Additionally, Northrop Grumman Systems Corp., a subsidiary of Northrop Grumman Corporation (NYSE: NOC), has received a $13,781,296 cost-plus-fixed-fee modification to a previously awarded contract related to a Defense Advanced Research Projects Agency project. The contract is administered by the Defense Advanced Research Agency in Arlington, Virginia.

$NOC was trading at $442.21, down $0.01 in after-hours.

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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