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Lockheed Martin Canada Successful CDR With Canadian Navy

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Lockheed Martin Canada [LMT] satisfied a critical design review (CDR) milestone with the Canadian navy, marking a major step toward modernizing the combat systems on the navy's 12 Halifax-class multi-mission frigates. The CDR covered Lockheed Martin's designs and plans for shipboard systems, trainers and facilities. The corporation will now proceed with production of sensors and the combat control system as scheduled to support full integration, testing and installation on the Halifax class ships. "In this modernization effort, we have worked…

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