Lockheed Martin, Rheinmetall Sign Preliminary Pact to Expand Collaboration
By Pierre Bertrand
Lockheed Martin and German weapons manufacturer Rheinmetall signed a preliminary pact for expanded collaboration spanning land, air and naval forces.
The agreement specifically includes collaboration on rocket-artillery and laser-weapon systems, as well as on short-range air defence, and training for land vehicles and helicopters.
The pact also encompasses simulation and maintenance, the companies said in a joint statement.
The agreement is expected to deliver added business opportunities for both companies internationally, said Lockheed Martin vice president international, Ray Piselli.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
June 06, 2024 06:35 ET (10:35 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Q4 Stock Market Outlook: Where We See Opportunities for Investors
-
Markets Brief: Non-Farm Payrolls in the Spotlight Again
-
6 Top-Performing Large-Growth Funds
-
What’s the Difference Between the CPI and PCE Indexes?
-
10 Top-Performing Dividend Stocks of Q3 2024
-
33 Undervalued Stocks
-
Communication Services: Cable’s Broadband Dominance Isn’t as Strong as It Once Was
-
Technology: Strength Continues, With Software Presenting the Best Buying Opportunities
-
Best- and Worst-Performing Stocks of Q3 2024
-
Top Stocks to Own From the Best Fund Managers
-
2 Cheap Stocks Top Managers Have Been Buying
-
The 10 Best Companies to Invest in Now