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SMALL BUSINESS
Lockheed Martin gets $59.6M Navy deal
AP
WASHINGTON -A division of Lockheed Martin Corp. received a $59.6 million contract from the Navy to provide services on the P-3C aircraft acoustic system and tactical software, the Pentagon said late Monday.
Work will be performed in Manassas, Va., Patuxent River, Md., and is expected to be completed by November 2014.
Shares of the Bethesda, Md., company added 91 cents to close at $76.98.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-11-16 17:43:07
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