Lockheed Martin signs licensing agreement with HMT Vehicles

Manufacturing News, Source : TheManufacturer.com
Published : 17 Sep 2004 16:26

Defense contractor Lockheed Martin announced that it has entered into a license agreement with UK manufacturer HMT Vehicles Ltd. to manufacture and sell tactical wheeled vehicles to government customers in North America.

The agreement will give Lockheed Martin exclusive rights to supply light and medium tactical wheeled vehicles directly to military and government markets in the United States, Canada and Mexico. The agreement also will enable Lockheed Martin to pursue international sales via the US government’s Foreign Military Sales program.

“Lockheed Martin will manufacture the vehicles in New York using subassemblies sourced primarily from US suppliers,” said Frank C. Meyer, Lockheed Martin Systems Integration Owego’s president.

Marketed as the LM4x4 and LM6x6, each vehicle has a range of up to 380 miles, and can achieve a top speed of 80 mph for rapid movement in battlefield environments.

Lockheed Martin employs about 130,000 people worldwide.

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