(Reuters) - Lockheed Martin (NYSE:LMT) said on Wednesday that the Javelin Joint Venture, its partnership with RTX, has signed a memorandum of understanding (MoU) related to production of the Javelin anti-tank weapon system in Poland.
The MoU, with Polska Grupa Zbrojeniowa, will explore the establishment of a final assembly facility and component production capabilities in Poland, the companies said.
Though European demand for U.S. weaponry is soaring, shopping lists are focused on cheaper, less-sophisticated items such as shoulder-fired missiles, artillery, and drones, rather than big-ticket items like jets and tanks.
To date, the Lockheed-RTX joint venture has produced more than 50,000 Javelin missiles and more than 12,000 reusable Command Launch Units.