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August 18, 2007

Lockheed Martin Earns BIG US Navy Contract For MH-60R

Follow-On $952 Million Order To Develop, Integrate Helo Systems

Lockheed Martin tells ANN the company recently received $951.7 million from the US Navy to produce and integrate mission systems for the MH-60R helicopter over five years. This funding, in combination with two advanced procurement contracts totaling $113.6 million, increases the total value of this multi-year contract to $1.065 billion.

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