Lockheed Martin (NYSE:LMT) has won two contracts from the Naval Surface Warfare Center.

The Naval Surface Warfare Center has awarded two contracts worth $30.6 million to Lockheed Martin (NYSE:LMT) for the supply of Target Sight System (TSS) or US Marine Corps’ AH-1Z Cobra attack helicopter fire control system.

The company will supply spare units and parts to TSS as part of the contract.

Lockheed Martin (NYSE:LMT)’s Missile and Fire control business’s senior program manager of airborne system Joseph Butera said, “TSS provides positive combat identification at safe standoff ranges. The system allows AH-1Z aviators to confidently engage the threat and return safely to base”.

Lockheed Martin (NYSE:LMT) shares are currently standing at 77.91.

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