Raytheon, Lockheed Martin Joint Venture Receives $215M U.S. Army Production Contract For Lightweight Commercial Launch Units
The U.S. Army awarded the Javelin Joint Venture (JJV), a partnership between Raytheon, an RTX (NYSE:RTX) business, and Lockheed Martin, a $215 million production contract for Lightweight Command Launch Units, or LWCLU.
Two big defense companies won a $215 million order from the U.S. Army. When companies get big government contracts, it shows their products work and people want them.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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