- Associated Press - Tuesday, June 9, 2015

WASHINGTON (AP) - Germany has signed a deal with Lockheed Martin to manufacture a missile defense system.

Germany selected MEADS, or Medium Extended Air Defense System, in a deal worth up to $4.5 billion. The project is the largest in the history of the Lockheed Martin plant in suburban Syracuse. Its portion of the contract accounts for about $625 million of development work over nine years.

U.S. Sen. Charles Schumer says he was informed of the decision Monday by the German Embassy.

The Salina plant, which employs about 1,600, developed MEADS surveillance radar. It can search 360 degrees for incoming missiles, planes and drones and be hauled around on the back of a truck. It was developed as part of an international consortium led by NATO partners in the U.S., Germany and Italy.



Click to Read More

Click to Hide