LM Awards Critical SPY-7 Radar Manufacturing to Spanish Comp
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LM Awards Critical SPY-7 Radar Manufacturing to Spanish Companies

Lockheed Martin [NYSE: LMT], the global aerospace and deterrence company, awarded Indra, Escribano Mechanical and Engineering, and ICM (Integral de Conexión y Montajes, S.L.) purchase orders for AN/SPY-7(V)2 components on the F-110 frigate.

As part of Lockheed Martin's commitment to expanding its international supply chain, these purchase orders aim to integrate Spain into the company's global SPY-7 supply chain, enhancing resiliency and expanding production capacity.

“These strategic collaborations empower local industries, strengthen communities, and drive economic growth, all while providing the most advanced defense capabilities for 21st Century Security ®, said Amr Hussein, vice president of Multi-Domain Combat Solutions at Lockheed Martin. “By incorporating Spanish industry into radar production, we are committing to diversify our supply chain and add capacity that enhances our global supply chain.”

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Military Radar Systems - Market and Technology Forecast to 2030

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The History
Lockheed Martin and Spanish industry have worked together to produce over 90 watercoolers and auxiliary equipment, 30,000 cables,1.8M power supplies, and microelectronic and RF components for the global SPY-1 fleet.

For over two decades, Lockheed Martin has worked in close collaboration with Spanish industry on radar development and naval and airborne computing systems. We are committed to continuing this successful partnership and developing cutting-edge platforms together that will provide defense capabilities and service for many years to come.

Lockheed Martin’s partnerships in Spain and across the world result in millions of dollars being invested in its global supply chain, creating local security and strengthening their economies, industries and communities.


Publishdate:
Jul 24, 2024
Lockheed Martin Corporation
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