LMT - Lockheed Martin Secures $1.2B Contract for Precision Strike Missile Increment 2 After Second Maritime Test

By Katherine HamiltonLockheed Martin received a contract valued at up to $1.2 billion from the U.S. Army to produce precision strike missiles.The indefinite delivery, indefinite quantity contract covers initial procurement and future orders of Increment 2 missiles, as well as follow-up production a…