Lockheed Martin wins $92M defense contract with work in Orlando

Lockheed Martin Corp. (NYSE: LMT) has secured a $92 million modification to an existing U.S. Navy contract, the Department of Defense announced Nov. 19. 

The Bethesda, Maryland-based defense contractor will produce electronic Consolidated Automated Support Systems — an avionics repair system — for the U.S. Navy and the government of Kuwait. Work will be performed in Orlando and is expected to be finished by December 2022. Read more here.