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P R E S S   R E L E A S E
Lockheed Martin Acquires Assets of CDL Systems Ltd.
Lockheed Martin Acquires Assets of CDL Systems Ltd.
By RBR Staff


Lockheed Martin [NYSE: LMT] announced the acquisition of substantially all of the assets of CDL Systems Ltd., a software engineering firm that specializes in the development and licensing of vehicle control station software for unmanned systems. Terms of the agreement were not disclosed and are not material to Lockheed Martin.

CDL Systems has developed an open, standards-based, and commercial off-the-shelf software product that has been integrated into numerous unmanned vehicle platforms.  The company‚Äôs products are designed on low-cost, interoperable, and open architecture systems to support government and civil applications around the world, with more than one million hours of operational use.  CDL Systems was founded…

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