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September 4, 2008

Navy Awards Lockheed Martin, L-3 Contracts For P-3 Wing Repairs

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By Geoff Fein Lockheed Martin [LMT] and L-3 [LLL] have been awarded contracts to provide replacement outer wing kits for the Navy's P-3 Orion aircraft, 39 of which were grounded last year due critical structural fatigue. On Aug. 26, the Navy announced...

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