Aerospace Group:

Lockheed Martin, MBDA To Explore Missile/Launcher Market

Gally Articola

Friday, May 17th, 2013

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MBDA, Europe's leading missile maker, said it entered a Memorandum of Understanding (MoU) with Lockheed Martin [LMT] to explore the market for using Lockheed Martinlaunchers with MBDA missiles. Under the MoU, the companies agreed to jointly look at the market for the integration of the MBDA naval missile systems into Lockheed Martin launch systems, plan for all necessary common developments and pursue mutually beneficial opportunities. Specifically, the companies intend to work together to assess potential business opportunities with for potential…

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