Cobham Unit Awarded GBP15.9 Million Pact by Lockheed Martin

Date : 07/17/2012 @ 2:44AM
Source : Dow Jones News
Stock : Lockheed Martin Corp. (LMT)
Quote : 289.12  -0.55 (-0.19%) @ 3:59PM

Cobham Unit Awarded GBP15.9 Million Pact by Lockheed Martin

Cobham (LSE:COB)
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LONDON--Aerospace and defense company Cobham (COB.LN) Tuesday said unit, Thrane & Thrane A/S, has been awarded a contract worth over 150 million Danish Krone (15.9 million pounds) by Lockheed Martin for C-130J communication upgrades.

MAIN FACTS:

-Awarded the satellite communication component of an upgrade for a fleet of some 200 U.S. Air Force C-130J Super Hercules.

-Contract awarded from Lockheed Martin (USA).

-Upgrade will use the AVIATOR 700D product which can be tailored to suit any commercial or military airframe and mission profile.

-Shares of Cobham on Monday closed at 237 pence.

-Write to Tapan Panchal at tapan.panchal@dowjones.com


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