Three top U.S. missile manufacturers yesterday announced their decision to jointly pursue the emerging market for an advanced multi-role missile. ATK [ATK], Lockheed Martin [LMT] and Northrop Grumman [NOC] have signed a teaming agreement and believe their team can provide "the product options that offer the best capabilities, schedule, and price available," according to a joint press statement released at the Farnborough Airshow in the United Kingdom. Each company has different areas of expertise, according to an official familiar with…
ATK, Lockheed Martin, Northrop Grumman Sign Teaming Agreement To Develop Multi-Role Missile
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