INSYS was formed in October 2001 by a
management buy-out
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or High-net-worth individual, individual. Management- and/or leveraged buyouts bec ...
of Hunting Engineering and was subsequently acquired by Lockheed Martin UK Holdings, Ltd., a subsidiary of
Lockheed Martin Corporation in October 2005.
INSYS's products included lightweight
anti-tank
Anti-tank warfare refers to the military strategies, tactics, and weapon systems designed to counter and destroy enemy armored vehicles, particularly tanks. It originated during World War I following the first deployment of tanks in 1916, and ...
weapons such as the
LAW 80 or the
BL755 cluster bomb
A cluster munition is a form of air-dropped or ground-launched explosive weapon that releases or ejects smaller submunitions. Commonly, this is a cluster bomb that ejects explosive bomblets that are designed to kill personnel and destroy vehi ...
s. As part of Lockheed Martin UK it undertakes the certification and supply of the
WAH-64 Apache helicopter munitions. Support equipment includes the in-service and future Biological Detection Systems,
s, power generation and supply.
References
External links
Lockheed Martin UK
British companies established in 2001
Companies based in Bedfordshire
Defence companies of the United Kingdom
Science and technology in Bedfordshire
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