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Lockheed Martin [LMT] and Spain’s Indra have signed an agreement to extend their cooperative relationship developing an S-band active electronically scanned array (AESA) radar for the Spanish navy’s F-110 frigate program, Lockheed Martin said Tuesday.The agreement also establishes a framework to commercialize the solid state radar for other international anti-air program opportunities.The F-110 is a future Spanish multi-mission surface vessel equipped with the Aegis Weapon System using the companies’ S-band AESA radar. It is being jointly developed by Lockheed Martin…
