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Lockheed, Partners Establish Machining-Focused JV in Abu Dhabi


manufacturing,  engineering gearsTYSONS CORNER, VA, November 4,  2015 — Lockheed Martin (NYSE: LMT) has formed a joint venture with Injaz National and Exechon in the United Arab Emirates in a push to deliver machining technology to the automotive, aerospace and defense sectors, ExecutiveBiz reported Tuesday.

Lockheed said Monday the Exechon Enterprises JV is based in Abu Dhabi and will serve as both an engineering and manufacturing center of excellence for parallel kinematics machining and an application and technology development center.

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