Lockheed gets $1 billion Pentagon Aegis deal

WASHINGTON | Wed Oct 21, 2009 5:51pm EDT

WASHINGTON (Reuters) - Lockheed Martin Corp (LMT.N) is being awarded a $1 billion U.S. Missile Defense Agency contract for design and development work on its Aegis ballistic missile defense system for Navy cruisers and destroyers, the Defense Department said Wednesday.

The contract covers work from October 1, 2009 through December 31, 2014, the Pentagon's daily contract digest said.

(Reporting by Jim Wolf; Editing Bernard Orr)

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