Lockheed sees $3.5 billion of hypersonic work in near term

Lockheed Martin expects to sign $3.5 billion worth of hypersonic development contracts within the next two years. The company foresees booking around $600 million in hypersonic sales this year, with the remaining $2.9 billion to come beyond that, according to a quarterly earnings call on 23 July. The aerospace manufacturer appears to be winning more hypersonic development work than any other US defence firm.

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