Lockheed Martin wins $8
billion U.S. special forces contract
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[August 12, 2017]
By Mike Stone and Eric Beech
WASHINGTON (Reuters) -
Lockheed Martin Corp <LMT.N> has won an $8 billion U.S.
defense contract for global logistics support services
for special operations forces, the Pentagon said on
Lockheed Martin's logo is seen during Japan Aerospace
2016 air show in Tokyo, Japan, October 12, 2016.
The U.S. military often relies on outside contractors to perform
support services including logistics at warehouses and depots as
well as maintenance, modifications and repairs on equipment like
airplanes and vehicles.
The contract will support the Army's Green Berets, Rangers as
well as Navy SEALs, the U.S. Department of Defense said in a
The 10-year award will extend Lockheed Martin's current support
contract which was set to expire in September 2018.
The Pentagon said multiple companies competed for the contract.
(Reporting by Mike Stone and Eric Beech; Editing by Tim Ahmann
and Richard Chang)
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