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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Lockheed Martin Corp | NYSE:LMT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 462.78 | 184 | 13:27:42 |
From May 2022 to May 2024
By Mauro Orru
Lockheed Martin Corp. and Rheinmetall AG agreed to explore joint opportunities in research, development and production aimed at providing Germany with a rocket artillery system.
German defense company Rheinmetall said Friday that it has entered into a memorandum of understanding with Lockheed Martin to collaborate on the system.
"For Germany and Rheinmetall, the agreement offers the chance to secure key technologies and a significant share in the value added chain for Germany," said Rheinmetall Chief Executive Armin Papperger.
Rheinmetall didn't disclose financial terms.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
April 21, 2023 03:33 ET (07:33 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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