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Pentagon Expands Lockheed Martin Contract o $25 Billion, Taps Boeing For Another $2 Billion Engine Replacement Program - Boeing (NYSE:BA), Lockheed Martin (NYSE:LMT)
Benzinga· 2025-12-24 16:48
The Pentagon increased the value of a contract with Lockheed Martin Corp (NYSE:LMT)  on Tuesday and awarded a new contract to Boeing Co (NYSE:BA) .Pentagon Boosts C-130J, B-52 DealsThe deal, covering the development, engineering, and delivery of C‑130J aircraft, has risen from an initial $15 billion to $25 billion. The contract includes sales to several countries, including Egypt, Australia, New Zealand, France, the Philippines, Norway, and Germany. Additionally, Boeing Co. secured a $2 billion contract for ...