LM to Maintain Reconnaissance Aircraft Systems for Republic of Korea

Mar 17, 2014 ASDNews Source : Lockheed Martin Corporation

The U.S. Air Force Life Cycle Management Center awarded Lockheed Martin [NYSE: LMT] a foreign military sales contract to support the Republic of Korea’s Peace Krypton reconnaissance aircraft system. This contract is valued at approximately $9 million.

Lockheed Martin has been providing sustainment engineering and logistics support to the Republic of Korea since 1996, the year that the corporation was awarded the prime contract to develop the Peace Krypton system.

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