Lockheed Martin Corporation and AeroVironment, Inc. to Pursue Joint Opportunities in Unmanned Aircraft Systems Markets

2014-02-07

Lockheed Martin Corporation and AeroVironment, Inc. to Pursue Joint Opportunities in Unmanned Aircraft Systems Markets

Companies sign memorandum of understanding to explore opportunities for unmanned aircraft systems in international marketsPrimary focus relates to integrating Lockheed Martin mission systems, ground systems and technology with AeroVironment's Gl.

AeroVironment, Inc. a leader in unmanned aircraft system solutions, and the Lockheed Martin Corporation one of the world’s largest aerospace companies and a leading systems integrator, today announced an agreement to jointly pursue opportunities in unmanned aircraft system (UAS) development.

«At Lockheed Martin, we look forward to partnering with AeroVironment to potentially develop integrated solutions for the unmanned systems market,» said Paul Lemmo, Lockheed Martin senior vice president, corporate strategy and business development. Using our expertise in systems integration and AeroVironments knowledge of unmanned aircraft solutions, we will together look for opportunities to develop innovative technologies that create value for new and existing customers.

Numerous customers are seeking persistent solutions for wide area applications, such as border surveillance and communications, that are much more affordable than those available previously, said Roy Minson, AeroVironment senior vice president and general manager of its Unmanned Aircraft Systems business segment. Lockheed Martins broad systems integration expertise gives us the opportunity to work together and develop innovative, end-to-end atmospheric satellite systems built around Global Observer that deliver breakthrough capabilities to customers.


Region:  USA and Canada
Contry:  USA
Category:  UAV
Company:  Lockheed Martin


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