Lockheed Martin awarded billions as budget talks continue

Even after the federal budget cuts known as sequestration kicked in March 1, Lockheed Martin was able to garner more than $1 billion in federal military contracts during the first seven days of the month. And going back a week before sequestration, with military furloughs, layoffs and cuts slated for implementation over the next month, Lockheed Martin was awarded more than $8 billion in military contracts from Feb. 20 to Thursday.

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