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Business/Financial

Lockheed Martin Acquires Tenix’ Interest In RLM Holdings

DDN

Wednesday, August 27th, 2008

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Lockheed Martin [LMT] yesterday said that it has completed its acquisition of Tenix Group's interest in RLM Holdings Pty Ltd, which had been a joint venture between Lockheed Martin and Australia's Tenix. RLM is a radar, systems engineering and logistics management company based in Australia and has about 250 employees. Lockheed Martin Australia Pty Ltd., which now has over 370 employees, will manage RLM. RLM's primary focus is the ongoing maintenance, support and enhancement of the Jindalee Operational Radar Network,…

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