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Lockheed in Denmark deal


Published : Tue, 30 Jan 2007 19:15
By : Agencies
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BALTIMORE (AFX) - Defense contractor Lockheed Martin Corp. said on Tuesday that Denmark's Naval Materiel Command will use its MK 41 Vertical Launching System for a patrol ship program.

Lockheed Martin will provide four MK 41 VLS Baseline VII below-deck missile launcher modules for three new frigate-sized ships.

Terms were undisclosed.

Lockheed Martin shares rose 15 cents to $96.21 in afternoon trading on the New York Stock Exchange.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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