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Lockheed Martin (LMT) said last week it was awarded a $54.2 million contract by South Korea's air force for four FPS-117 radar systems.
Lockheed Martin will work with South Korea's LG Innotek (LGIT) on the radar contract.
"We are delighted to provide four additional radars to the Republic of Korea Air Force and appreciate this latest endorsement of our strong relationship and our high-quality...