SAN FRANCISCO (Thomson Financial) - Lockheed Martin Corp. said Thursday it received a $194 million contract for the production of the Army Tactical Missile System from the U.S. Army Aviation and Missile Command.
Work will be conducted at the company's facilities in Dallas and Horizon City, Texas, with completion expected by the second quarter of 2010, the company said.
Shares of the Bethesda, Md.-based defense company were up 9 cents to $105.69. Katherine Hunt kh/jw COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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