Cobham wins Lockheed Martin contract

Thrane and Thrane, the Danish satellite communications company recently acquired by UK defence firm Cobham, has been awarded a contract by US aeronautics firm Lockheed Martin for a satellite communication component.

Thrane and Thrane, the Danish satellite communications company recently acquired by UK defence firm Cobham, has been awarded a contract by US aeronautics firm Lockheed Martin for a satellite communication component.

The deal is expected to be worth more than DKr150m (£15.9m) and will see Thrane & Thrane's Aviator 700D product used on a fleet of some 200 US Air Force C-130J Super Hercules military transport aircraft which are being upgraded.

JH

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up