Lockheed Martin gets Naval services contract

BETHESDA, Md. - Defense contractor Lockheed Martin Corp. said Friday it has been awarded a lucrative contract to provide logistics and systems services for the U.S. Navy in the U.S. and abroad. The contract was awarded by the U.S. Navy Space and Naval Warfare Systems Center in San Diego. The period of performance is a three-year base period worth up to $59 million. Two additional award term periods raise the... [read full story]