Lockheed Martin Skunk Works® and the Royal Netherlands Aerospace Centre (NLR) Announce Strategic Collaboration

Washington, D.C., Oct 17, 2024 -Skunk Works^®, the renowned advanced development organization within Lockheed Martin Corporation (NYSE: LMT) and the Royal Netherlands Aerospace Centre (NLR), a premier knowledge institute and connecting link among science, industry, and government in the Netherlands, announced a strategic collaboration to advance mutual interests for enhanced security at the Netherlands Defense Industry Days event.

The two organizations signed a Memorandum of Understanding (MOU) to guide cooperation in key areas such as European strategic autonomy, military operational analysis, technology roadmaps and increased connectivity to the Dutch industrial base. This project aims to strengthen the defence priorities of the United States, the Netherlands and their allies.

Skunk Works has an 80-year history of developing groundbreaking aerospace systems and continues to deliver cutting-edge solutions for its customers today. Skunk Works' visionary focus on innovation aligns with NLR's mission of making aerospace technology more sustainable, safer, more efficient, and more effective.

"Lockheed Martin has enjoyed a long-standing partnership with Dutch government and industry," said Atherton Carty, vice president of business development at Skunk Works. "This MOU with NLR marks an important expansion of that relationship, enabling us to explore new ways our combined expertise in technology, research, and analysis can help address pressing challenges in aerospace and defence in a rapidly changing global security landscape."

Michel Peters, chief executive officer of Royal NLR said, "We are pleased to announce this new collaboration with Skunk Works, well known for the development of advanced aircraft and spacecraft. As global geopolitical unrest intensifies, we recognize the importance of working with allied organizations to drive innovation and ensure our national safety and security, as well as that of our allies. This MOU underlines our commitment to collaboration and innovation in the pursuit of advanced defence capabilities."

About Lockheed Martin

Lockheed Martin is a global defence technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security^® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.

About Royal NLR - Netherlands Aerospace Centre

Royal NLR operates as an objective and independent research centre, making aerospace more sustainable, safer, more efficient and more effective. As part of this, NLR offers innovative solutions and technical expertise, creating a strong competitive position for the commercial sector. More information at www.nlr.org.