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- The World's Best Banks 2009
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- Twitter Funding Would Value it at $1 Billion: TechCrunch
- Who Knew? Industrial Stocks Leading Market Rally
- Japan PM Pledges Big Change in Govt, Growth Model
- Cramer: Who's to Blame for the SEC-BofA Deal?
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- Housing Recovery Falters With Waning Govt. Stimulus
- Van Jones and the Culture of Risk
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- A Rise For Biopharma In The Fall?
- Skype founders file lawsuit against eBay
- Synovus sets $4 per share price on stock offering
- Navy revises Littoral Combat Ship buying plan
- Glimcher Realty Trust prices sale of 26.7M shares
- White House: G-20 summit will not be `victory lap'
- Stewart Enterprises raises annual dividend 20 pct
- Spain's Repsol to invest $1.6 billion in Bolivia
- GE shares climb into black for 2009
- Capital Senior Living appoints new board member
Lockheed Martin gets $15.2M Navy deal
WASHINGTON - Lockheed Martin Corp. received a $15.2 million contract from the Navy for production of five underwater acoustic sensors used on submarines, the Pentagon said late Monday.
The device, deployed and operated underwater on a submarine, is used to passively detect acoustic energy, according to the government's notice.
Work will be performed in various locations including Syracuse, N.Y., Salt Lake City, Utah, and more, with a completion date by January 2011.
Shares of the Bethesda, Md.-based company added 35 cents to $75.94 in midday trading Tuesday.
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