Lockheed Martin has agreed to supply 1.5 billion gallons of clean drinking water a year to the Los Angeles Department of Water and Power under a deal involving its cleanup of a contaminated groundwater site.
The DWP announced the agreement Wednesday.
Lockheed Martin has been working to clean up an LA-area Superfund site contaminated by chemicals when it and other companies built airplanes and other machinery there decades ago.
Under the DWP agreement, Lockheed Martin will pay to treat groundwater pumped from North Hollywood wells.
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The DWP says the deal should save ratepayers about $170 million over the next 30 years.