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$LMT said it has received a $321.8MM sole-source contract from the U.S. Navy for the continuation of the Long Range Anti-Ship Missile (LRASM) integration and test phase. The integration and test contract funds continuation of LRASM flight testing and integration onto the U.S. Air Force B-1B and the U.S. Navy F/A-18E/F aircraft.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.