News »ANZAC FSU - Lockheed Martin Canada completion of Critical Design Review

Lockheed Martin (NYSE: LMT) Canada has marked another important milestone toward modernising the Royal New Zealand Navy’s two ANZAC Class ships.

The company announced that the ANZAC frigate systems upgrade project has successfully completed the combat system Critical Design Review (CDR) on schedule and to the New Zealand Defence Force's satisfaction.

With the successful CDR, Lockheed Martin Canada will begin implementing detailed designs and plans for the system’s key components, which will in turn lead to ship installation.