Lockheed wins $10.5B special operations contract

$LMT was awarded a $10.5B contract over 12 years to provide logistics and sustainment support for U.S. Special Operations Command.
That is a major long-duration defense contract.
For Lockheed, contracts like this help support revenue visibility beyond headline aircraft and missile programs.
For $LMT, the defense spending story remains tied to recurring support, logistics, and mission sustainment as much as new weapons platforms.