MBDA, Lockheed announce joint venture to develop missile defense system for Germany

MBDA Deutschland and Lockheed Martin announced March 8 they have unified efforts to bring Germany’s next-generation integrated air and missile defense system, called TLVS, to life under a joint venture.

The joint venture, rather than either company, will be considered the prime contractor for TLVS, according to Lockheed Martin. The contract is being negotiated with Germany’s procurement office for the country’s armed forces, the Bundeswehr.

Defense News had reported this week that the establishment of a joint venture was imminent.

MBDA and Lockheed Martin will split the equity from TLVS, with MBDA getting 60 percent and Lockheed receiving 40 percent, a Lockheed spokeswoman confirmed.

Lockheed’s Gregory Kee and MBDA’s Dietmar Thelen will lead the joint venture operating out of MBDA’s office in Schrobenhausen, Germany. The joint venture will also operate out of Dallas, Texas; Huntsville, Alabama; Syracuse, New York; and Ulm and Koblenz, Germany.
More here: https://www.defensenews.com/land/201...m-for-germany/