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Poland to buy Lockheed Martin missile launchers for navy

Published 02/01/2024, 12:43 PM
Updated 02/01/2024, 12:47 PM
© Reuters. Lockheed Martin's logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016.   REUTERS/Kim Kyung-Hoon/File Photo

WARSAW (Reuters) - Poland has signed a deal to buy Lockheed Martin (NYSE:LMT)'s MK 41 Vertical Launching System for three frigates it is building, Polish defence firm PGZ said on Thursday.

The NATO-member has been on a buying spree as it seeks to deter any possible attack after Russia's invasion of Ukraine.

"Today we have concluded an agreement with Lockheed Martin, through which...we have acquired the VLS MK 41 vertical launch system along with ExLS (Exstensible Launching System) modules for the CAMM missile family for three frigates," PGZ said in a post on social media platform X.

PGZ said each ship would receive four launchers with eight chambers each.

Financial terms were not disclosed.

The first Miecznik frigate is scheduled to enter service in the Polish Navy in 2029.

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