Lockheed Martin plans to bid against Raytheon for LGB contracts

Lockheed Martin Naval Electronics&Surveillance Systems (NE&SS) is making plans to compete with Raytheon for laser guided bomb (LGB) contracts, NE&SS reported. In May, NE&SS-Archbald, Pa., a company Lockheed Martin acquired when it bought out Loral Corp. in 1996, received a sources sought synopsis...

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