The battle lines in the defense industry are in the process of being redrawn, and the unveiling of Lockheed Martin’s Amphibious Combat Vehicle (ACV) provides yet another example that the big players could be reshuffling.
At the Modern Day Marine Trade Show in Quantico on September 22nd, Bethesda, Maryland-based Lockheed Martin Corp. (NYSE: LMT) formally introduced its entrant into the U.S. Marine Corps ACV competition.
The ACV is slated to replace the Marine Corps’ current aging fleet of Amphibious Assault Vehicles (AAV), land and sea vehicles with the capability to shuttle Marine forces in seafaring vessels ashore.
What’s particularly interesting about Lockheed Martin’s unveiling is that it is further a representation of the defense giant’s move to control a broader range of platforms in its defense portfolio.
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