News Review: Lockheed Martin acquires RLM Systems | ADM June 2007

1 June 2007

Lockheed Martin Corporation has acquired the defence and intelligence business of RLM Systems Pty Ltd., an Australia-based provider of system engineering, software development, integration, and program management services and products.

Lockheed Martin acquired the RLM Systems business from RLM Holdings, its joint venture with the Tenix Group, a privately held Australian company. Terms of the cash transaction were not disclosed.

RLM Systems has more than 100 employees and contractors supporting defence and intelligence programs with systems and software development and integration services.

The company develops and supports complex systems and software solutions to meet the demanding requirements of the defence and intelligence communities in Australia.

The new entity will do business as Lockheed Martin Australia Information Systems & Global Services (IS&GS), a division of Lockheed Martin Australia Pty Limited.

"The acquisition of RLM Systems expands Lockheed Martin's commitment to the Australian defence and intelligence communities, allowing us to provide broader capabilities in country for our government and industry partners," said Paul Johnson, Managing Director of Lockheed Martin Australia Pty Limited.