WASHINGTON (Reuters) - Subsidiaries of Lockheed Martin Corp (>> Lockheed Martin Corporation) and Raytheon Co (>> Raytheon Company) 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)

Stocks treated in this article : Lockheed Martin Corporation, Raytheon Company