|Lockheed Martin Corp - LMT.n is a security and aerospace company headquartered in Bethesda and is organized around core business areas. The Company operates through four segments. Aeronautics, Missiles and Fire Control and Rotary, Mission Systems and Space.|
The United States and allied military forces will upgrade their missile defense capabilities under a new $944 million contract for production and delivery of Lockheed Martin (NYSE: LMT) Patriot Advanced Capability-3 (PAC-3) and PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptors. The contract includes PAC-3 and PAC-3 MSE interceptors and launcher modification kits for the U.S. Army, Romania and other Foreign Military Sales customers.