Canada's air force picks Lockheed
The company's Orlando missiles unit will provide Sniper targeting systems for Canada's jet fighters.
Richard Burnett | Sentinel Staff Writer
Posted April 3, 2007
Lockheed Martin Corp.'s Orlando missiles unit has won a lucrative deal to supply Canada's air force with advanced targeting systems for its jet fighters, the company said Monday.
Under terms of the deal, Lockheed will produce three dozen Sniper targeting systems for Canada's fleet of CF-18 Hornets, the company said. The deal includes spare parts, logistics support and other equipment.
Although Lockheed would not disclose the financial terms, the Canadian government issued a statement indicating that the contract's value will exceed $100 million through 2020.