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Lockheed Martin, Raytheon units win $649.7 million U.S. defence contract -Pentagon

WASHINGTON (Reuters) - Subsidiaries of Lockheed Martin Corp (LMT.N) and Raytheon Co (RTN.N) were awarded a combined $649.7 million (451 million pounds) modification contract for Paveway II laser-guided bombs, the U.S. Defense Department said on Monday.

The modification provides for a five-year contract extension, the Department said in press release.

(Reporting by Eric Walsh; Editing by Mohammad Zargham)