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Lockheed Martin Partners With Raytheon To Pursue GMD Work

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By Ann Roosevelt Lockheed Martin [LMT] and Raytheon [RTN] yesterday said they've formed a strategic partnership to contend for the Missile Defense Agency's (MDA) Ground-Based Midcourse Defense (GMD) Development and Sustainment Contract. Over the years, the two companies have worked together on a number of missile defense programs. "We have teamed on Aegis, we've teamed on THAAD, teamed on PAC 3, and what we've delivered is unparalleled," Mathew Joyce, GMD vice president and program manager, Lockheed Martin Space Systems Co.,…

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