PRNewsWire
16 Jul 2026, 13:44 UTC · 1h ago
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Lockheed Martin has been awarded a $10.5 billion, 12-year contract for the U.S. Special Operations Command's (USSOCOM) GLSS2 program. — The contract provides a massive, long-term guaranteed revenue stream and secures a dominant position in a critical service vehicle.
+0.60Lockheed Martin will serve as the prime contractor for next-generation logistics, sustainment, and life-cycle management for USSOCOM. — Maintaining prime contractor status ensures operational continuity and reinforces the company's strategic relationship with the Department of War.
+0.30Which stocks this story touches
Awarded a massive $10.5 billion, 12-year contract for USSOCOM logistics and sustainment support.
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Signed a memorandum of understanding with Lockheed Martin to collaborate on defense technologies.
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