The Polish Armament Group (PGZ) has selected Lockheed Martin (NYSE: LMT) for exclusive further negotiations to develop the Polish Homar program on the basis of the Lockheed Martin High Mobility Artillery Rocket System (HIMARS).
The partnership will develop in-country defense technology modernization via transfer of technology, in-country production/manufacturing and future modernization.
Lockheed Martin produces HIMARS launchers for the U.S. Army, Marine Corps and international customers. The highly mobile platform delivers accurate, lethal, quick-strike munitions ranging from 15 to 300 kilometers.
Source: Lockheed Martin Corporation (NYSE: LMT)
Date: Jul 7, 2017