Lockheed Martin and Israel Aerospace Industries (IAI) have signed a memorandum of understanding to collaborate on new Integrated Air and Missile Defense (IAMD) systems.
The agreement, which was signed early July, is expected to enable both companies to collaborate on the development and manufacturing of new IAMD systems, and is hoped to enable the creation of new working groups between the companies.
Lockheed Martin senior vice president of global business development Tim Cahill welcomed the opportunity to expand Lockheed Martin’s relationship with Israel and IAI.
“Our long-standing relationship with the state of Israel and its defence industries opens new opportunities for Lockheed Martin, aimed to expand our businesses around the world while delivering unmatched IAMD capabilities to our global customers. This new memorandum of understanding is yet another step in our strategy for co-operation with IAI, as a partner in some of our key programs,” Cahill said.
IAI president and CEO Boaz Levy outlined that the agreement will allow both companies to leverage their vast experience in the sector.
“The MOU entered today is a strategic agreement for us. Combining the development capabilities and the vast know-how of Lockheed Martin and IAI experience accumulated over the years in IAMD systems will create win-win opportunities for both sides. IAI looks forward in exploring this co-operation and optimising the possibilities in it,” Levy said.
Closer to home, Lockheed Martin recently confirmed that the prime was partnering with Australian Omni Tanker and UNSW Sydney in order to deliver new composite tank capabilities. The agreement formed part of the Commonwealth government’s Advanced Manufacturing Growth Centre grant, totalling $1.4 million.
Head of industrial development at Lockheed Martin Australia Christopher Hess outlined that the new research will help strengthen Australia’s supply chain.
“Lockheed Martin invests millions of dollars every year into R&D programs with our Australian industry and research partners to solve real challenges facing our global supply chains,” Hess said.
“We have had a long-standing research collaboration with UNSW and Omni Tanker, and we are grateful for the support of the AMGC as we now look to commercialise these cutting-edge, Australian-developed composite tank technologies for a number of Lockheed Martin and NASA applications.”