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Electronics Production |

Weibel collaborates with Lockheed Martin

Danish Weibel Scientific, working with Doppler radars, has entered into an agreement with Lockheed Martin.

Danish components from Weibel Scientific will be used for Lockheed Martins missile defense system. So far, the partnership is valued at 22 million danish kroner (3,3 million dollar) for Weibel – but in the long term, it could mean business in the class of almost 300 million dollar. "This groundbreaking partnership is a milestone in Weibel Scientific's history that can create business for more than two billion kroner and has the potential to double our turnover over the next five years. The partnership is a perfect example of industrial cooperation which boosts Danish business and creates new Danish jobs", says CEO Peder R. Pedersen, Weibel Scientific to the danish newspaper business.dk.

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April 15 2024 11:45 am V22.4.27-2
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