Lockheed Martin announces that its Australian division has signed a landmark A$500 million (approx. 304 ME) contract with the Australian Department of Defence to build Australia's future Joint Air Combat Management System, as part of phase 1 of the AIR6500 project.

The idea is to provide Australian defense with an advanced integrated air and missile defense capability, using next-generation technologies, to combat high-speed threats.

In a rapidly changing and contested environment, AIR6500-1 will give decision-makers more time to think and react to a situation - time in these circumstances is a precious commodity," explained Warren McDonald, Managing Director of Lockheed Martin Australia and New Zealand.

Copyright (c) 2024 CercleFinance.com. All rights reserved.