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Sunday, September 08, 2013

Pentagon Buying 260 Javelin Anti-Tank Missiles From Lockheed-Raytheon JV

The Department of Defense issued 12 new contracts Friday, worth a combined $521.1 million. At just $67.7 million, the one won by Javelin Joint Venture wasn't the biggest ... but it just might be the most interesting.

On Friday, the Javelin Joint Venture between Lockheed Martin and Raytheon won its second partial-foreign military sales contract in the past four months.

The last such contract, issued in May and valued at $53.4 million, had the LockMart/Raytheon joint venture supplying an unspecified number of Javelin Block I Tactical Missile Rounds to the U.S. Army and Marine Corps, and also to the militaries of Jordan and Indonesia.

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