Hello, Guest!
  • Friday, April 19, 2024

Lockheed, MBDA Seek German Parliamentary Approval for MEADS Deal by Year’s End


MissileDefenseTYSONS CORNER, VA, June 3, 2016 — Lockheed Martin (NYSE: LMT) and its partner MBDA hope to receive clearance from Germany’s parliament by the end of the year to proceed with the planned $4.5 billion procurement of their Medium Extended Air Defense System, ExecutiveBiz reported Thursday.

Reuters reported Thursday that the German parliament indicated support for the program after the government selected MEADS last year as the country’s future missile defense system.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

Contact:
David Smith
(703) 226-7002
david.smith@executivemosaic.com

Video of the Day

Related Articles

Lockheed, MBDA Form JV as Team Negotiates German Missile Defense System Contract Press Releases

Lockheed, MBDA Form JV as Team Negotiates German Missile Defense System Contract

TYSONS CORNER, VA, March 9, 2018 — Lockheed Martin (NYSE: LMT) has created a joint venture with MBDA as part of efforts to negotiate a contract with Germany’s military procurement office to build the country’s future integrated air and missile defense system, ExecutiveBiz reported Thursday. MBDA said Thursday the TLVS joint venture is anticipated as the

Lockheed-MBDA JV Submits Bid for Poland’s Missile Defense Procurement Program Press Releases

Lockheed-MBDA JV Submits Bid for Poland’s Missile Defense Procurement Program

TYSONS CORNER, VA, Feb. 2, 2017 — A joint venture of Lockheed Martin (NYSE: LMT) and MBDA has submitted a bid in response to Poland’s solicitation for an air and missile defense system under the country’s Wisla program, ExecutiveBiz reported Wednesday. Defense News reported Tuesday that MEADS International‘s proposal offers the Patriot Advanced Capability-3 Missile Segment Enhanced with the Medium Extended Air

Germany to Discuss Missile Order with Lockheed-MBDA Team Contract Awards

Germany to Discuss Missile Order with Lockheed-MBDA Team

Germany could initially procure 8 to 10 Medium Extended Air Defense Systems from the team of Lockheed Martin (NYSE: LMT) and MBDA for the country’s missile defense system replacement initiative, Reuters reported Thursday. Michelle Martin writes Thomas Homberg, managing director at MBDA, said that upcoming contract discussions would center on MEADS production quantity. Homberg told