Raytheon and Lockheed Martin JV Secures $143.52 Million Contract Modification for the U.S. Army
Thursday, 12 September 2024, 07:12
Significant Contract Modification for Military Hardware
Raytheon (RTX) and Lockheed Martin (LMT), through their joint venture, have made headlines by securing a substantial $143.52 million modification contract with the U.S. Army. This funding is directed towards the provision of Lightweight Command Launch Units, essential components in modern military operations.
Details of the Contract Modification
- Contract Number: W31P4Q-19-C-0076
- Focus: Lightweight Command Launch Units
- Value: $143.52 million
This modification aims to enhance the army's operational capabilities and fortifies the ongoing collaboration between Raytheon and Lockheed Martin in defense technologies.
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