Five of the world’s biggest aerospace and defence contractors, Finmeccanica, Lockheed Martin, Northrop Grumman, Raytheon and Saab, have agreed to work together to address a wide range of long-term global energy and environmental issues.
A joint statement has been released by the companies, announcing a combined effort to tackle challenges that have proven too complex to be addressed by any individual government, sector, business or agency on an international level.
Issue include sustainable infrastructures, clean energy, environment, climate, transport, logistics, humanitarian and disaster relief, as well as other architectural and structural challenges.
Being discussed at the forthcoming E3DS conference in London in November, the statement said the aerospace, defence, and security sector would be better suited to resolve security, environmental, technological or economics-related global issues.
"Our experience in providing innovative mission solutions uniquely positions us to support government and other industry sectors as they endeavour to tackle these complex challenges," the statement added.
With a combined workforce of more than 340,000, the companies expect their technical experience to suit a cross-sector approach to tackle problems similar to the boundary-crossing efforts of the Apollo Moon landings in the 1960s and 1970s.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataE3DS conference’s joint organiser, Dynamixx CEO, Nick Cook said the aerospace companies through production of spacecraft, aircraft, ships, submarines, vehicles, and sensors, have developed an intrinsic understanding of climate and weather, which remained largely untapped.
"Much of the science and technology underwriting these systems is a resource that can help provide solutions for climate, weather, energy, environment, natural disaster, resource scarcity, and other complex challenges," Cook added.
"Our intention is to use our conference as a platform to invite governments, other industries and academia to tap into this rich resource to develop ‘cross-sector’ solutions to complex global challenges."