Mitsubishi And Lockheed Martin Form Defense Products Alliance

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Mitsubishi And Lockheed Martin Form Defense Products Alliance

Japan's Mitsubishi Electric Corp. and Lockheed Martin Corp. will jointly develop next-generation defense equipment. Under the joint venture, to be announced in the summer, they will develop missiles, radar and other defense equipment and share technologies. The corporate alliance will take product orders from the Japanese government.

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May 8, 2000