Lockheed Martin launches international division
Lockheed Martin has launched a new international division as the company attempts to strengthen international partnerships and create new opportunities.
By integrating all of its global activities under Lockheed Martin International (LMI), the company is seeking to increase its international sales.
As the biggest supplier to the Pentagon by revenue, Lockheed Martin is more exposed than other companies to ongoing budget cuts. Like its rivals that are placing fresh emphasis on increasing sales in the emerging markets of the Middle East and Asia, Lockheed Martin is prioritising growth of its export business to offset declining sales in the domestic
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
More from Defence Notes
-
![US, Canada advance with over-the-horizon radar programmes to close NORAD surveillance gaps]()
US, Canada advance with over-the-horizon radar programmes to close NORAD surveillance gaps
Washington and Ottawa’s Arctic and homeland radar initiatives aim to strengthen early warning against cruise missiles, hypersonic weapons and long-range aerospace threats approaching North America.
-
![The speed of relevance: how companies can navigate the new era of European defence procurement]()
The speed of relevance: how companies can navigate the new era of European defence procurement
European militaries face a rapidly evolving security landscape and defence production must accelerate to meet surging demand for platforms and equipment. Industry needs to adapt to ensure it gets its products into the hands of the end user, Evelyn Rafferty, Senior Director Aerospace and Defence - Europe at Plexus told Shephard’s Gerrard Cowan.
-
![Delays, departures and drama cloud UK defence programmes ahead of absent DIP]()
Delays, departures and drama cloud UK defence programmes ahead of absent DIP
The UK defence secretary’s departure suggests that the long-delayed Defence Investment Plan is unlikely to meet the funding demands of the armed forces, with consequences for procurement and the UK’s standing at a NATO summit weeks away.
