Lockheed-Martin to expand reciprocal procurement in Israel

14 Israeli companies attended a national security conference hosted by Lockheed-Martin in Washington.

Representatives of 14 Israeli companies attended a homeland security conference hosted by Lockheed-Martin (NYSE:LMT) in Washington this week.

The Israeli representatives met with Lockheed-Martin executives in an effort to expand cooperation and reciprocal procurements. Lockheed-Martin VP international programs General (ret.) James Jamerson and VP corporate business development Jack Snyder attended the conference.

Deputy Minister of Industry, Trade and Labor Michael Ratzon said that following Israel's $4.5 billion procurement of F-16I jets, built by Lockheed-Martin, the company was trying to expand its business in Israel.

Published by Globes [online] - www.globes.co.il - on May 13, 2004

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