Poland may choose a single winning bidder by June or July in a multi-billion dollar missile defense competition, months earlier than planned due to the crisis in Ukraine, a senior Lockheed Martin Corp executive said on Tuesday.Marty Coyne, business development director for Lockheed's air and missile defense business, said he saw "a good chance" that a single foreign provider could be selected by early summer."There's clearly a sense of urgency," he said.Coyne, who spoke to Reuters from a defense conference in Slovakia, said Polish concerns about Russia's annexation of Crimea and the crisis in Ukraine could further accelerate a decision in the Polish competition.
Lockheed Martin Corporation is a global security and aerospace company principally engaged in the research, design, development, manufacture, integration, and sustainment of technology systems and products. Shares of LMT traded higher by 0.43% or $0.72/share to $167.64. In the past year, the shares have traded as low as $101.32 and as high as $168.41. On average, 1705730 shares of LMT exchange hands on a given day and today's volume is recorded at 968449.
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