US defence and aeronautics group Lockheed Martin has agreed a deal to develop an autonomous vehicle (AV) convoy programme for the US Army. The company's shares fell 0.74 percent to $321.70 in New York trading on Monday, paring their gain over the past year to 11 percent. The company said it had signed a contract with the Army Research Laboratory (ARL) in San Diego, California, which will provide its technology as part of a new program called “Autonomous Vehicle Experiments”. The programme will also see some existing military ground vehicles equipped with robotic technology to improve operator safety and boost resupply efficiency.
US defence and aeronautics group Lockheed Martin has agreed a deal to develop an autonomous vehicle (AV) convoy programme for the US Army. The company said it had signed a contract with the Army Research Laboratory (ARL) in San Diego, California, which will provide its technology as part of a new program called “Autonomous Vehicle Experiments”. The programme will also see some existing military ground vehicles equipped with robotic technology to improve operator safety and boost resupply efficiency.