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Business/Financial

Lockheed Martin Acquires U.K. Firm Supporting Trident Sub Program

DDN

Monday, May 4th, 2009

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Lockheed Martin [LMT] said last Thursday that its United Kingdom subsidiary has acquired a small business that supports that country's Trident ballistic missile submarine program. Imes Strategic Support Limited (ISSL), a subsidiary of Britain's IMES Group, provides engineering, maintenance, repair and support subsystems of the U.K. Royal Navy's Trident submarine at the Clyde naval base in Scotland. The business unit also provides support to another shipyard as well as the U.K. Software Facility. ISSL recently received a 10-year extension to…

Congress

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Budget

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Congress

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