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Can Local Javelin Production Strengthen Lockheed Martin in India?
Zacks Investment Research·
Lockheed Martin and RTX Corporation's Javelin Joint Venture have signed a memorandum of understanding with Tata Advanced Systems to explore co-production of Javelin missiles in India. The initiative aims to establish final assembly and integration facilities in India while maintaining component production in the U.S., strengthening supply-chain resilience and supporting India's defense modernization goals.
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