
PARIS--Lockheed Martin [LMT] is readying for an official proposal from Germany next week to replace its Patriot missile defense system with the first ever 360-degree, network integrated air & missile defense system, a company official told Defense Daily Tuesday.German officials are expected to release a formal RFP for the TLVS, the first of its kind system to respond to missile threats in 360-degree, with an eventual timeline to field the first capabilities for the proposed multi-billion dollar program in 2022.“We’ve…