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Lockheed Martin gets $24M add-on to Air Force contract

Malak Saleh
Lockheed Martin gets $24M add-on to Air Force contract

Lockheed Martin Corp. snagged a big contract to support an ongoing deal with the U.S. Air Force. The Bethesda, Maryland-based defense contracting giant's Missiles & Fire Control business unit in southwest Orlando won a $23.6 million deal to finance operations to develop the Air Force's Joint Air-to-Surface Standoff Missile (JASSM), according to the U.S. Department of Defense. This was an add-on to a previously awarded $51.1 million contract dating back to September 2018, making the total current contract value worth more than $74 million.