Reuters exclusively reported that Lockheed Martin has been awarded a $17 billion contract to develop the next generation of interceptors that would guard the United States against an intercontinental ballistic missile attack.
Government
Lockheed wins US missile defense contract worth $17 bln
16 April 2024, 1:09 pm 1 minute
Market Impact
U.S. defense giants have benefited from robust demand for weapons due to heightened geopolitical tensions over the last two years. Sales of U.S. military equipment to foreign governments in 2023 rose 16% to a record $238 billion.
Article Tags
Topics of Interest: Government
Type: Reuters Best
Sectors: Aerospace & Defence
Regions: Americas
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story