11:13 AM EDT, 10/20/2025 (MT Newswires) -- Lockheed Martin ( LMT ) said Monday it has been awarded a $233 million contract to deliver IRST21 Block II infrared systems and initial spares to the US Navy and Air National Guard.

The company said IRST21 is an infrared system that passively detects and tracks airborne targets at extended ranges, boosting warfighting capabilities.

Shares of Lockheed Martin ( LMT ) were up more than 1% in recent trading Monday.

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