Beyond the Board: Empowering the Next Generation of Tech Innovators in Electronics
The Government Circuit: Trump’s Trade War Disrupts the Electronics Ecosystem
Defense Speak Interpreted: Update on the Continuing Resolution and Budget Process for Defense
HENSOLDT, Lockheed Martin Sign a Memorandum of Understanding
November 12, 2024 | Lockheed MartinEstimated reading time: 1 minute
On 7 November 2024, Oliver Dörre, CEO of HENSOLDT AG and Paul Lemmo, vice president and general manager Integrated Warfare Systems and Sensors at Lockheed Martin, signed a Memorandum of Understanding on a potential cooperation in the field of maritime command and control systems and radar technologies.
“This MoU with Lockheed Martin reflects our positioning as a reliable partner for national and international security and defence programs and our strategic development as a provider of integrated system solutions,” said Oliver Dörre on the occasion of the signing of the MoU.
“We are already working together successfully on various projects. We are therefore all the more looking forward to working with the Lockheed Martin team to drive forward concepts with pioneering technologies in the field of maritime command and control systems and radar and thus contribute to the sustainable expansion of the capabilities of our military customers and partners including the potential of local value creation” Dörre continued.
“Lockheed Martin is dedicated to building industrial partnerships for programs in Germany and beyond. Our collaborative efforts in radar development will result in high-performance systems, constructed, and sustained in Germany, ensuring operational capability now and for decades to come.” – Paul Lemmo, vice president and general manager, Integrated Warfare Systems and Sensors at Lockheed Martin.
Share on:
Suggested Items
OSI Systems Receives $7 Million Order for Medical Technology Components
05/13/2025 | BUSINESS WIREOSI Systems, Inc. announced that its Optoelectronics and Manufacturing division has been awarded an order for approximately $7 million to supply essential components for a leading healthcare innovator specializing in patient diagnostic and care applications.
Vertical Aerospace, Honeywell Expand Partnership to Bring VX4 eVTOL to Market
05/13/2025 | HoneywellVertical Aerospace and Honeywell announced the signing of a new long-term agreement that expands their existing partnership and reinforces Honeywell’s commitment to the certification and production of Vertical’s electric vertical take-off and landing (eVTOL) aircraft, the VX4.
L3Harris Receives $214 Million in Orders to Support German Armed Forces
05/12/2025 | L3Harris TechnologiesL3Harris Technologies has received multiple orders expected to total $214 million under Germany’s Digitalization – Land Based Operations (D-LBO) program.
AI Chips for the Data Center and Cloud Market Will Exceed US$400 Billion by 2030
05/09/2025 | IDTechExBy 2030, the new report "AI Chips for Data Centers and Cloud 2025-2035: Technologies, Market, Forecasts" from market intelligence firm IDTechEx forecasts that the deployment of AI data centers, commercialization of AI, and the increasing performance requirements from large AI models will perpetuate the already soaring market size of AI chips to over US$400 billion.
OSI Systems Receives $36 Million Contract for Aviation Security Systems
05/08/2025 | BUSINESS WIREOSI Systems, Inc. announced that its Security division received a contract award for approximately $36 million to deploy and service airport screening solutions for a prominent international airport in the Middle East.