By Stephen Nakrosis 

Lockheed Martin Corp. said Wednesday it acquired the Hypersonics portfolio of Integration Innovation Inc.

"This acquisition expands Lockheed Martin's capabilities to design, develop and product integrated hypersonic weapon systems for its customers," the company said.

Lockheed also said it named Mike Wicks, the former chief executive of Integration Innovation Inc., as "vice president of the Hypersonic Engineering & Accelerated Technologies program within the Hypersonic Strike Portfolio for Lockheed Martin Space."


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(END) Dow Jones Newswires

November 25, 2020 16:34 ET (21:34 GMT)

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