Entering text into the input field will update the search result below

India picks Israeli anti-tank missile over U.S. model

Oct. 25, 2014 5:47 PM ETLockheed Martin Corporation (LMT) StockLMT, RTXBy: Eli Hoffmann, SA News Editor23 Comments
  • India will buy Israel's Spike anti-tank guided missile, rejecting a rival U.S. offer of Javelin missiles that Washington lobbied hard to win.
  • The deal for at least 8,000 Spike missiles and more than 300 launchers is worth $525M.
  • Spike, a "fire and forget" anti-tank missile, locks on to targets before shooting. It is produced by Israel's Rafael Advanced Defence Systems.
  • The rival U.S. system is built by Lockheed Martin (NYSE:LMT) and Raytheon (NYSE:RTN). Defense Secretary Chuck Hagel pitched Javelin to India PM Narendra Modi during his September visit to Washington.
  • Source: Reuters

Recommended For You

About LMT Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
LMT--
Lockheed Martin Corporation