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Lockheed Martin Extends Cytec Contract

WOODLAND PARK, N.J.--(BUSINESS WIRE)--Cytec Industries Inc. (NYSE:CYT) announced today that its Engineered Materials business had signed a contract extension, covering the period from 2016 to 2020, with Lockheed Martin (NYSE: LMT) for the supply of high-performance, structural composite and adhesive materials used in the manufacture of the multinational F-35 Lightning II Program or Joint Strike Fighter (JSF). Cytec expects the contract extension to generate revenues of approximately $1.1 billion.