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Lockheed Martin, European groups win contract for NATO missile defence PARIS (AFP) Sep 29, 2004 Several European makers of military air equipment, including EADS, and the US company Lockheed Martin have won a contract from NATO worth 3.0 billion dollars (2.44 billion euros) to design and build a MEADS missile defence system, the MEADS group said on Wednesday. MEADS (Medium Extended Air Defense System) is a joint venture between Lockheed Martin Corp, the European Aeronautic Defence and Space Company (EADS), MBDA-Italia and Lenkflugkorpersysteme (LFK) in Germany. The contract followed a series of successful system demonstrations, and an agreement between the US and Italy to develop the advanced ground-mobile air and missile defence system, it said. Germany is expected to sign the agreement following parliamentary procedures later this year. MEADS is a mobile air defence system designed to replace the Patriot missile systems in the US and Germany, and Nike Hercules systems in Italy. The United States is providing 58 percent of the finance for the programme, Germany 25.0 percent and Italy 17.0 percent. All rights reserved. � 2005 Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.
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