Home All NewsBusiness NewsLockheed-RTX joint venture enters weapon system MoU in Poland

Lockheed-RTX joint venture enters weapon system MoU in Poland

by Reuters

(Reuters) – Lockheed Martin said on Wednesday that the Javelin Joint Venture, its partnership with RTX, has signed a memorandum of understanding (MoU) related to production of the Javelin anti-tank weapon system in Poland.

The MoU, with Polska Grupa Zbrojeniowa, will explore the establishment of a final assembly facility and component production capabilities in Poland, the companies said.

Though European demand for U.S. weaponry is soaring, shopping lists are focused on cheaper, less-sophisticated items such as shoulder-fired missiles, artillery, and drones, rather than big-ticket items like jets and tanks.

To date, the Lockheed-RTX joint venture has produced more than 50,000 Javelin missiles and more than 12,000 reusable Command Launch Units.

(Reporting by Aishwarya Jain; Editing by Devika Syamnath)

tagreuters.com2023binary_LYNXMPEJ850VZ-BASEIMAGE

tagreuters.com2023binary_LYNXMPEJ850W0-BASEIMAGE

You may also like

You can't access this website

Shore News Network provides free news to users. No paywalls. No subscriptions. Please support us by disabling ad blocker or using a different browser and trying again.