Lockheed Martin grabs $60M in metro Orlando defense work

Central Florida’s largest defense contractor has secured two U.S. Navy contracts with local work worth a combined $60 million. 

Bethesda, Maryland-based Lockheed Martin Corp. (NYSE: LMT) won a $40 million contract to build Trident II missiles. The contract was awarded to Lockheed’s Titusville operations and 12.5% of the work will take place in Cape Canaveral. The contract is expected to be completed by Sept. 30, 2024. Read more here.