Lockheed Martin Corporation / Stasys Ltd

OFT closed case: Anticipated acquisition by Lockheed Martin Corporation of Stasys Ltd.

• From: Competition and Markets Authority
• Published: 28 January 2005

• Case type: Mergers
• Case state: Closed
• Market sector: Defence
• Outcome: Mergers - phase 1 public interest intervention
• Closed: 28 January 2005

Affected market: Defence

No. ME/1472/05

Special public interest intervention

On the basis of the information available to it, the OFT has decided that the anticipated acquisition of STASYS Limited by Lockheed Martin Corporation does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because neither the UK turnover test nor the share of supply test in section 23 of the Act is met. A relevant merger situation has, therefore, not been created.

Undertakings in lieu of reference

Published 28 January 2005