Lockheed Martin still hopes to work closely with Northrop Grumman in spite of the US Government's recent vetoeing of the controversial merger between the two giant companies.

"We will still partner with them even if they decide to go with another company," says Pete Teets, Lockheed Martin's president and chief operating officer. "It of course depends on who they go with - if they do it with Boeing we will scratch our heads.

"The Northrop Grumman [merger affair] was not a loss or debacle," says Teets. "We wanted the merger to go through. If we had bought Northrop Grumman, it would have added to our strengths.

"Northrop Grumman is still a strong company," he says. "They will be a survivor; we wish them well. They have fine people. We have been partnered with them for some time."

Source: Flight Daily News