Search This Blog

Tuesday, June 09, 2015

Schumer: Germany selects MEADS, Lockheed Martin for $4.5B missile defense deal


Germany has selected MEADS as its future missile defense system in a deal worth up to $4.5 billion that is expected to provided a boost to Lockheed Martin and its plant in suburban Syracuse, U.S. Sen. Charles Schumer said Monday.

Schumer, D-N.Y., said he was informed of the decision Monday afternoon by the German Embassy in Washington.

MEADS, or the Medium Extended Air Defense System, was developed as part of an international consortium led by NATO partners in the U.S., Germany and Italy.

Read more

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.