LOCKHEED MARTIN RECEIVES $56.5 MILLION RISK REDUCTION CONTRACT FOR THE PRESIDENTIAL HELICOPTER PROGRAM
The U.S. Navy has awarded Lockheed Martin a $56.5 million risk reduction contract to fund program management, engineering and logistics support for the Presidential Helicopter Program through November 30, 2004. These efforts will further reduce potential technical risks associated with the program before the Navy awards the presidential helicopter contract in December 2004.
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