Lockheed Martin, Rheinmetall Sign Preliminary Pact to Expand Collaboration
Provided by
Dow Jones
By Pierre Bertrand
Lockheed Martin and German weapons manufacturer Rheinmetall signed a preliminary pact for expanded collaboration spanning land, air and naval forces.
The agreement specifically includes collaboration on rocket-artillery and laser-weapon systems, as well as on short-range air defence, and training for land vehicles and helicopters.
The pact also encompasses simulation and maintenance, the companies said in a joint statement.
The agreement is expected to deliver added business opportunities for both companies internationally, said Lockheed Martin vice president international, Ray Piselli.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
June 06, 2024 06:35 ET (10:35 GMT)
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