Lockheed Martin bids for NATO modeling and simulation contract

Lockheed Martin (NYSE: LMT) has entered a competition for a NATO Next Generation Modelling and Simulation contract, partnering with European industry partners and proposing its Advanced Center for Experimentation and Simulation, known as ACES, as the core of its offering.

According to a company statement, ACES is designed to connect existing and emerging simulation capabilities within a unified ecosystem, supporting multinational training, exercise execution, operational planning, and strategic analysis. The system is said to cover all operational domains, including air, land, maritime, space, and cyber.

Raashi Quattlebaum, vice president of land and maritime solutions at Lockheed Martin, said in the statement: "Our partnership brings strength across industry and regional expertise to deliver the right modelling and simulation solution for NATO."

The company states it has more than 30 years of experience in modeling and simulation. No financial terms or contract value were disclosed in connection with the competition.

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