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Tuesday, November 13, 2012

Lockheed Martin Acquires UAS Manufacturer Chandler/May

Lockheed Martin acquired Huntsville, Ala.-based unmanned aircraft systems manufacturer Chandler/May, Inc., which produces command and control shelters and portable ground control stations to support the U.S. Army's UAS programs.

The two companies did not disclose the financial terms of the acquisition.

Chandler/May will join Lockheed Martin’s mission systems and sensors business unit.

"This acquisition expands our offerings in support of our customers' increased emphasis on advanced unmanned systems for the C4ISR missions," said Lockheed Martin Chairman and CEO Bob Stevens. 

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