TYSONS CORNER, VA March 27, 2015 â Executive Mosaic âÂ ExecutiveBiz reported Thursday on High-Speed Wind Tunnel longtime lessee Lockheed Martinâs (NYSE: LMT) acquisition of the facility in Grand Prairie, Texas, from Triumph Aerostructures.
The investment allows the defense contractor to update the decades-oldÂ research, development and testing ground for subsonic, transonic and supersonic aircraft.
âWe made this purchase to ensure that development legacy extends well into the future, â HSWT manager Mike McWithey said Wednesday.
AboutÂ 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