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SMALL BUSINESS
Lockheed Martin gets $292.7M Army pact
AP
ARLINGTON, Va. -Lockheed Martin Corp. received a $292.7 million contract from the Army to provide network infrastructure support, the company said Monday.
The defense contractor will continue to provide network operations maintenance, management and security support for all data networks within the Pentagon and the National Capital Region.
Lockheed won the initial 10-year deal in 2000 and was responsible for providing infrastructure and network management as the Pentagon revamped its IT system.
Shares of the Bethesda, Md., company added 8 cents to close at $68.87.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-11-02 17:25:50
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