Lockheed Martin JLTV Completes Successful Manufacturing Review

Dec 12, 2013 ASDNews Source : Lockheed Martin Corporation

The Lockheed Martin [NYSE: LMT] Joint Light Tactical Vehicle (JLTV) team successfully completed the government’s Manufacturing Readiness Assessment (MRA), an important milestone on the path to vehicle production at the company’s Camden, Ark., manufacturing complex.

The MRA, which measures manufacturing maturity and assesses technical risk, took place at Lockheed Martin’s Camden Operations on Nov. 18 and 19. In October, the company announced plans to produce the JLTV at the award-winning Camden facility, where program officials expect to gain significant production efficiencies and cost reductions.

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