Lockheed Martin Gets $111.5M Army Contract

WASHINGTON (AP) -- Lockheed Martin Corp. recently received a $111.5 million contract from the Army for 1,152 guided multiple launch rocket systems, the Pentagon said late Monday.

Work will be performed in Grand Prairie, Texas; East Camden, Ark. and Orlando, Fla. with a completion date of Dec. 21, 2011.

Shares of the Bethesda, Md.-based company fell 5 cents to close at $75.59.