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Lockheed Martin Chief: NATO Partners Must Boost Industry Investment

DDN

Friday, June 6th, 2008

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The United States defense market is trending open and Europe needs to follow suit while increasing investment needed for meaningful contributions to transatlantic initiatives if NATO hopes to remain effective militarily in the 21st Century, Robert Stevens, Lockheed Martin's [LMT] CEO, president and chairman said Monday. "There is no substitute for real expenditures on tangible programs if the health of European industry is to be improved and if further transatlantic cooperation is to be possible," Stevens told attendees in Brussels…

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