Deal Snapshot
Lockheed Martin Closes Acquisition of i3 Hypersonics Portfolio
Friday 27 November 2020

US-based security and aerospace company Lockheed Martin (NYSE: LMT) has closed its acquisition of the Hypersonics portfolio of US-based software and systems engineering company Integration Innovation Inc., the company said.

This acquisition expands Lockheed Martin's capabilities to design, develop and product integrated hypersonic weapon systems for its customers. Mike Wicks, the former CEO of i3, has been named vice president of the Hypersonic Engineering and Accelerated Technologies program within the Hypersonic Strike Portfolio for Lockheed Martin Space.

Date Published: 27/11/2020