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Business/Financial

Lockheed Martin, Terma AS’s OA Effort Bringing BMD Capability To European Frigates

DDN

Wednesday, January 13th, 2010

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By Geoff Fein Lockheed Martin [LMT] and its international partner, Danish defense firm Terma AS, are taking their work in open architecture systems to develop a ballistic missile defense (BMD) capability for non-Aegis European frigates, according to a Lockheed Martin official. Dubbed BMD Flex, the concept is to develop a system that can take advantage not only of third party systems, but be able to use parts of BMD Flex for both military and civilian applications, Ric Rushton, director business…

Congress

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