
NEWS BRIEF: Approximately $292 Million of a New $2.1 Billion Lockheed Martin Space Contract is Slated to be Completed in Magna, Utah
The news is fairly straightforward: The Titusville, Florida-based office of Lockheed Martin Space, a part of Lockheed Martin (NYSE:LMT), has been awarded a new sole source contract worth ~$2.1 billion by the U.S. Navy through its Strategic Systems Programs (SSP) command headquartered in Bethesda, Maryland.
As reported