September 26, 2018 / 9:35 PM / 23 days ago

Lockheed Martin wins $1.36 billion U.S. defense contract: Pentagon

WASHINGTON (Reuters) - Lockheed Martin Corp (LMT.N) has been awarded a $1.36 billion Defense Department contract for GPS IIIF Space Vehicles 11 and 12, the Pentagon said on Wednesday.

Work on the contract is expected to be completed by Aug. 31, 2027, the Defense Department said.

Reporting by Tim Ahmann; editing by Diane Craft

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