Lockheed Martin, a leading US defense contractor, is actively pursuing European customers for its Terminal High Altitude Area Defense (THAAD) missile defense system, marking a potential expansion beyond its traditional markets. Michael Williamson, President of Lockheed Martin International, confirmed to Handelsblatt that discussions are underway with several prospective buyers for the system, valued at over one billion euros.
The move comes as US defense firms accelerate their international expansion, spurred by significantly increased defense spending across Europe. Williamson anticipates the strongest growth potential outside the United States to be found in European markets over the next five years. THAAD is being considered as a potential alternative to the Israeli Arrow 3 system recently selected by Germany within the framework of the European Skyshield Initiative (ESSI).
Lockheed Martin also sees an opportunity to bolster its position with Germany’s planned acquisition of deep-strike drones by 2029, intended to operate in conjunction with the F-35 fighter jet. Williamson stated that integrating a dedicated drone with the F-35 presents no significant technological hurdle and would offer cost and developmental time advantages over utilizing drones from other manufacturers.
Recent unveilings by Lockheed Martin showcased the “Vectis” drone prototype, designed to align with the requirements outlined in the German military’s drone procurement competition. This competition includes bids from German startup Helsing, Airbus and Rheinmetall, highlighting a dynamic and competitive landscape for unmanned aerial system development.