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.
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Under the DWP agreement, Lockheed Martin will pay to treat groundwater pumped from North Hollywood wells.
The DWP says the deal should save ratepayers about $170 million over the next 30 years.