Lockheed Martin unit gets $175.3 million award on multi-year Aegis contract.

LOCKHEED MARTIN NAVAL ELECTRONICS&Surveillance Systems has received a $175.3 million award under its multi-year contract to produce three Aegis weapon systems for the U.S. Navy. The Moorestown, N.J.-based Lockheed Martin unit will perform the work on site. The multi-year contract is part of a larger...

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