Lockheed Martin expands in Australia
August 5, 2008 by Dagpotter
Filed under: Acquisitions, Australia, IT, RLM Holdings, Tenix Group, logistics
Filed under: Acquisitions, Australia, IT, RLM Holdings, Tenix Group, logistics
Lockheed Martin has moved to buy a joint venture it had set up in Australia today. See a press release here. RLM Holdings was a company established by Lockheed Martin and the Tenix Group to manage the Jindalee Operational Radar Network (JORN) and provide other defense services. The JORN is a large array over-the-horizon surveillance system that can detect surface and aerial targets at very long range. RLM also manages other defense radar systems as well as providing services to the Australian defense forces. This acquisition will have to be approved by the Australian Government.
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