Rueters:
LONDON (Reuters) – Germany may not finish negotiations with Europe’s MBDA and Lockheed Martin Corp on the MEADS missile defense system by the end of the year as planned, according to a document sent to lawmakers by a senior German defense ministry official.
The document, dated July 8 and sent by State Secretary Ralf Brauksiepe, said it was unclear if the project could be submitted to the parliamentary budget committee by the end of this year, or if it would slip into early next year. A copy of the document was seen by Reuters.
Company officials told Reuters last month they hoped to submit a final contract proposal for the Medium Extended Air Defense System (MEADS) by the end of July and wrap up negotiations on the $4.5 billion project by year’s end.
Lockheed officials were not immediately available to comment on the ministry document
