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 prime contractor for the system and will have operations in both the U.S. and Germany with the aim to build on the trilateral Medium Extended Air Defense System program.

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