Pentagon says Lockheed Martin gets $328.5 million Taiwan military contract

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WASHINGTON (Reuters) The Pentagon said on Wednesday that Lockheed Martin was given a contract involving foreign military sales to Taiwan to meet what Washington calls “an urgent operational need” of the Taiwan Air Force. The contract has a ceiling value of $328.5 million, with $157.3 million in foreign military sales funds obligated at the time of award, the Pentagon said in a statement. “This contract provides for the procurement and delivery of fifty-five Infrared Search and Track Legion Enhanced Sensor pods, processors, pod containers, and processor containers required to meet the urgent operational need of the Taiwan Air Force,” the…