Lockheed Martin wins $841.9M deal for F-16 jets

AP News
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Posted: Dec 22, 2009 6:49 PM

Lockheed Martin Corp. was awarded an Air Force contract worth up to $841.9 million to supply 24 F-16 Fighting Falcon jet fighters and related equipment for the government of Morocco, the Defense Department said on Tuesday.

In May 2008, Lockheed Martin received a $233.6 million contract for 24 F-16s.

Shares of Lockheed Martin, based in Bethesda, Md., fell 62 cents to close at $75.65.