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Raytheon, Lockheed battle for German air-defense deal

  • Raytheon (RTN) and Lockheed Martin (LMT) are vying to win the deal to provide Germany's future air-defense system.
  • Raytheon is the incumbent but Lockheed Martin has been involved in the development of the Medium Extended Air Defense Systems (Mead) along with European missile consortium MBDA, which comprises Airbus (EADSY), BAE Systems (BAESF) and Finmeccanica (FINMF).
  • The German government is reviewing its plans after the U.S. decided to stop financing Mead beyond the development stage.
  • Raytheon and Lockheed Martin are also competing to win a deal from Poland, and with the onset of the Ukraine crisis, the companies' battle is likely to be repeated in other European countries as well.
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Comments (2)
  • lalex
    , contributor
    Comments (62) | Send Message
     
    The Germans will buy German products. They always do...
    21 May 2014, 08:34 AM Reply Like
  • Regg Konundrum
    , contributor
    Comments (3) | Send Message
     
    Go Raytheon. Their "12AX7/ECC83" vacuum tubes, for instance: from the 50's and 60's, last a real long time (like your Telefunkens, Siemens, RFT and RSD NOS stuff) and they sound good too. Real robust stuff.
    1 Jun 2014, 07:08 AM Reply Like
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