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08:54 PM, September 7, 2016
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Lockheed Martin signs LOI With Poland To Manufacture Aircraft, Satellites, weapons
The Medium Extended Air Defense System (MEADS). Photo Credit: Lockheed Martin

Lockheed Martin has signed a Letter of Intent (LoI) with polish defence company Polska Grupa Zbrojeniowa (PGZ) that enables Poland to involve in manufacture of satellite systems, aircraft, helicopters, weapons among other things.

The agreement was signed today at the International Defence Industry Exhibition (MSPO) in Kielce by Jonathan Hoyle, Lockheed Martin Vice President Europe and Latin America and Arkadiusz Siwko, President, PGZ.

The agreement paves the way for PGZ member companies to be directly involved in the manufacture of satellite systems, aircraft, helicopters, weapons and combat systems, training devices and simulators. Both Polish domestic and export customers are set to benefit from the agreement.

The Letter of Intent builds on an agreement inked by PZL Mielec, a Lockheed Martin, and PGZ at the Farnborough International Air Show, in late July. It includes involvement in the Medium Extended Air Defense System (MEADS), which is NATO's air and missile defence system of choice.

In addition, there is a commitment to the evaluation of a regional BLACK HAWK helicopter upgrade, maintenance, repair and overhaul facility in Poland and greater involvement of PGZ member companies in the supply of weapons, components and assemblies for products manufactured in Mielec.

"This is a significant step towards tightening the cooperation between Polska Grupa Zbrojeniowa and Lockheed Martin which is a very important partner for us. We hope this cooperation will result in strengthening our long-term partnership and our involvement in many successful projects, to the benefit of both American and Polish industry," said Arkadiusz Siwko, President, Polska Grupa Zbrojeniowa.

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