in

Lockheed & Red 6 Anticipate Better Innovation, Joint Venture Opportunities Under SBA Mentor-Protege Agreement

Lockheed & Red 6 Anticipate Better Innovation, Joint Venture Opportunities Under SBA Mentor-Protege Agreement - top government contractors - best government contracting event

Lockheed Martin and Red 6 are forming a strategic joint venture and are entering a mentor-protege agreement under the U.S. Small Business Administration Mentor-Protege Program.

The two companies said Wednesday that the agreement will help with innovation, joint ventures, bidding and the exploration of future investments. The agreement will also provide Lockheed with access to small business teaming partner contracts, resulting in innovations by small businesses being brought into large programs or contracts, like Red 6 technologies being integrated into fighter aircraft platforms and emerging trainers like the TF-50.

Commenting on the partnership, Lockheed’s Aimee Burnett said Red 6 will help her company in modernizing the TF-50, which had been put forward for use in the trainer programs of the U.S. Air Force and U.S. Navy.

“Strategic partnerships such as this with Red 6 demonstrate our understanding of mission requirements and commitment to provide our customers with 21st Century Security capabilities and integrated air power solutions,” the vice president of business development at Lockheed’s Integrated Fighter Group noted.

For his part, Daniel Robinson, CEO and founder of Red 6, welcomed the opportunity to work with Lockheed Martin.

“It broadens our existing avenues for progression and rapid integration of Red 6 technology into the broader market using Lockheed Martin’s experience and business practices,” Robinson added.

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Technology

mm

Written by Aidan Daly

HPE Spaceborne Computer-2 to Launch on Northrop's 20th ISS Commercial Resupply Services Mission - top government contractors - best government contracting event
HPE Spaceborne Computer-2 to Launch on Northrop’s 20th ISS Commercial Resupply Services Mission
MetTel, MCS Help Federal Agency Improve CX With Managed Network Services; Don Parente Quoted - top government contractors - best government contracting event
MetTel, MCS Help Federal Agency Improve CX With Managed Network Services; Don Parente Quoted