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Lockheed Martin Lands $137.8M F-35 Contract With Work In Orlando

Lockheed Martin Lands $137.8M F-35 Contract With Work In Orlando

Global defense firm Lockheed Martin won a $137.8 million military contract on May 22 to support the production of the F-35 Lightening II aircraft.

The Bethesda, Md.-based firm (NYSE: LMT) landed the U.S. Navy contract for Lot 9 order of the F-35 Lightening II Joint Strike Fighter. While most of the work will take place in Fort Worth, Texas, some also will take place in Orlando and other parts of the country. Missiles & Fire Control in west Orlando handles the development of the F-35's Electro-Optical Targeting System, which supports 1,300 local jobs.