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Lockheed Martin gets $16.7 million Navy contract



By AP
11 July 2008 @ 05:47 pm EST

WASHINGTON - A unit of Lockheed Martin Corp., the world's largest defense supplier, received a $16.7 million contract from the Navy to provide development support for a prompt global strike capability, the Pentagon said late Friday.

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Shares of Bethesda, Md.-based Lockheed Martin fell 83 cents to close at $102.68.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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