Lockheed Martin hopeful for continuing MEADS funding
Lockheed Martin is ‘optimistic’ that funding will continue for the Medium Extended Air Defense System (MEADS) programme beyond the two years that the tri-national agreement is scheduled to continue for.
The NATO-led programme aims to replace the ageing Patriot missile in the US and Germany, and the Nike Hercules in Italy.
The current MoU between the three nations covers the next two years of development, although no decision has yet been made as to whether or not the programme will continue.
‘We’re optimistic [that the contract will be extended], but we have to stay focused on the contract,’ a representative
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 1 free story per week
- Personalised news alerts
- Daily and weekly newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Defence Notes
-
![Amentum to provide ground support for US Navy hypersonic development]()
Amentum to provide ground support for US Navy hypersonic development
The US Naval Surface Warfare Center (NSWC) Crane Strategic Systems Hardware Division (GXW) has awarded Amentum a five-year contract with a potential value of $70 million. …
-
![Why delays in approving the FY2024 budget can widen the gap between Chinese and US capabilities]()
Why delays in approving the FY2024 budget can widen the gap between Chinese and US capabilities
Naval shipbuilding and restocking key munitions, as well as development projects, may be directly impacted by short-term funding measures.
-
![SOF Week 2023: USSOCOM chief highlights special forces lessons learned from Ukraine relationship]()
SOF Week 2023: USSOCOM chief highlights special forces lessons learned from Ukraine relationship
USSOCOM Commander Gen Bryan P Fenton has highlighted the importance of relationship-building between US SOF and their Ukrainian counterparts since 2014.
-
![Miltrade ready to expand regionally, says Singaporean SME's CEO]()
Miltrade ready to expand regionally, says Singaporean SME's CEO
At IMDEX Asia 2023, the CEO of Singaporean SME Miltrade said his company was ready to expand its business into the wider region.
