Reported about 2 months ago
Lockheed Martin and General Dynamics have announced a joint venture to produce military missile motors in response to a shortage of rocket engines affecting the production of defense systems. This collaboration aims to alleviate the bottleneck caused by Northrop Grumman and L3Harris, the leading suppliers of missile engines. By creating a reliable supply chain and potentially expanding to other missile types, this partnership could enhance the operational margins of both companies while positioning them against their competitors.
Source: YAHOO