Lockheed Martin Corporation (NYSE:LMT) received a $49.9 million follow-on production contract from the Naval Surface Warfare Center for the Target Sight System (“TSS”). TSS is the fire control system for the U.S. Marine Corps’ AH-1Z Cobra attack helicopter developed by Textron Inc. (NYSE:TXT).
The Naval Surface Warfare Center awarded the initial TSS production contract in March 2008, followed by a second production contract in June 2010. Lockheed Martin delivered the first TSS in June … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards