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MBDA, Lockheed Submit Air Defense Proposal To Germany

Tuesday, October 11th, 2016

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An MBDA-Lockheed Martin [LMT] team said Sept. 29 that it has submitted a proposal to the German government in hopes of paving the way for a contract to develop the TVLS air and missile defense system.The offer, presented Sept. 28 to the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw), will form the basis of negotiations with German officials, said Thomas Gottschild, managing director of MBDA Deutschland. The aim is to negotiate a contract that the German…

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