Lockheed Martin Looks to Deepen Its Roots in Europe
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U.S. defense contractor Lockheed Martin is accelerating talks for new partnerships in Europe, amid a push in the region to reduce military reliance on American arms makers at a time of trade tensions with Washington. Calls to “Buy European” have emboldened Lockheed’s European rivals such as Dassault Aviation, Saab and the Eurofighter consortium made up of BAE Systems, Airbus and Leonardo. “We are trying to establish more production and more supply chains in Europe,” Raymond Piselli, Lockheed’s vice president for international business, says.