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    Friday, November 13, 2009

    Lockheed To Sell $1.5 Billion In Bonds

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    By Deborah Levine
    MarketWatch Pulse
       

      NEW YORK -- Lockheed Martin Corp. is selling $1.5 billion in debt expected to price on Friday, according to Informa Global Markets. The amount will be divided between 10-year and 30-year debt, according to the firm. Lockheed, a government contractor and aerospace giant, said in a regulatory filing that the proceeds would be used for general corporate purposes.

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