Reuters: MBDA, Lockheed Plan JV to Manage MEADS Deal with Germany
MBDA plans to establish a joint venture with Lockheed Martin to oversee a missile defense program in Germany after the country’s defense ministry voiced concerns about MBDA’s capacity to execute the project independently, Reuters reported Thursday. Andrea Shalal writes both companies are in talks with the German defense ministry regarding their planned JV and the ministry does not expect to finalize a contract with […] More