Month: 2025-05

TOKYO, May 23, 2025 - (JCN Newswire via SeaPRwire.com) - Lockheed Martin, a global leader in the development and delivery of cutting-edge radar solutions, and Fujitsu Limited, a Japanese multinational leader in information and communications technology and digital services, today announced the conclusion of a Memorandum of Understanding (MOU) establishing Fujitsu as a source for the SPY-7 Subarray Suite Power Supply Line Replaceable Unit (PS LRU). Purchase orders in support of the Aegis System EquippedVessel program are anticipated later in 2025.Executive Perspectives“By locally manufacturing critical components for the SPY-7 radar, Japan can have complete confidence that this system will be fully supported and sustained for decades to come,” said. Paul Lemmo, vicepresident and general manager at Lockheed Martin. “We are honored to play a role in shaping the future of Japan's defense industry and proud to contribute to the growth of the defense employment landscape in the country.”“Fujitsu is honored to contribute to the manufacturing of the SPY-7 radar, especially in the production of the PS LRU, a critical component of the system,” said Tsuneo Hayashi, corporate executive officer, SEVP, Fujitsu Limited. “Fujitsu will further expand its collaboration with Lockheed Martin on the SPY-7 radar, contributing to its sustainment in Japan and helping to strengthen national security."Continued PartnershipIn 2024, the two companies signed a previous MOU to expand Lockheed Martin’s Industrial Cooperation goals for expanding its solid-state radar production and sustainment in Japan.The collaboration demonstrates Lockheed Martin’s commitment to growing the defense workforce and furtherdeveloping the production and sustainment of key components for its SPY-7 radar product line.For more than 30 years, Lockheed Martin has supported Japan’s national security through the delivery of highlycapable systems and sensors for the Kongo, Atago and Maya class destroyers. Lockheed Martin’s mission of expanding 21st Century Security® in Japan continues to be strengthened by the partnerships and relationships built in country.The SPY-7 Advantage: Elevating Naval Radar PerformanceLockheed Martin's SPY-7 solid-state radar technology empowers users to respond swiftly and decisively to evolving threats. With advanced detection and tracking capabilities, SPY-7 effectively counters complex threats, enabling simultaneous engagement of multiple targets.About Lockheed MartinLockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Ourall-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at LockheedMartin.com.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digitaltransformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.Press Contacts:Lockheed MartinAsiaShorbani Royshorbani.roy@global.lmco.com+813 4563 8000 DomesticCara Hoaglundcara.a.hoaglund@lmco.com+1 856-206-3139Fujitsu Limited Public and Investor Relations DivisionGlobalLuke Happlefj-prhq@dl.jp.fujitsu.com Copyright 2025 JCN Newswire via SeaPRwire.com.

Ahmedabad, India, May 23, 2025 - (JCN Newswire via SeaPRwire.com) - Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), Honda’s motorcycle production and sales subsidiary in India, will build a fourth production line at its fourth plant (Vithalapur, Ahmedabad district, Gujarat). Planned to begin operation in 2027, the new line will have an annual production capacity of 650,000 units, bringing the total capacity of the fourth plant to 2.61 million units, making it Honda’s largest assembly plant for Honda motorcycles in the world.HMSI currently has four production plants in India with a total annual production capacity of 6.14 million units. In addition, the cumulative production volume reached 70 million units in April of this year, after 25 years since start of production in 2001.The fourth plant started operation in February 2016 with an annual production capacity of 600,000 units, and in June of the same year, the company expanded its capacity to 1.2 million units with the start of its second line. Furthermore, the third line started operation in January 2024, taking annual production capacity to 1.96 million units.Honda will be investing approximately 9.2 billion rupees (1 rupee = 1.75 yen, and approximately 16.1 billion Japanese yen) to construct a fourth line capable of producing 650,000 units of 125cc class motorcycles per year on the premises of the fourth plant.This will bring 1800 new jobs and increase the total production capacity of the fourth plant to 2.61 million units, making it one of Honda’s largest assembly plants for motorcycles in the world.In addition to the fourth production line at the fourth plant, HMSI’s total annual production capacity is expected to increase from the current 6.14 million units to approximately 7 million units in 2027 through further expansion of production capacity planned for other plants in India.Tsutsumu Otani, HMSI President & CEO“Honda has long been investing and expanding its production capacity in India, the world’s largest motorcycle market, to bring joy to its customers. 25 years on, with much support, HMSI has reached the milestone of 70 million units of cumulative production. With the additional investment in our fourth plant, Honda will continue to deliver attractive products and services to its customers around the world who have higher expectations and trust in the company, and further solidify its Indian motorcycle business.” Copyright 2025 JCN Newswire via SeaPRwire.com.

TOKYO, May 23, 2025 - (JCN Newswire via SeaPRwire.com) - Honda’s cumulative global production of engine/motor-powered motorcycles has reached 500 million units, 76 years after the company began mass production of motorcycles in 1949 with the Dream D-Type.Since its foundation in 1948, Honda has developed and offered products and services that meet the needs of customers in many countries and regions, based on its belief that “the purpose of technology is to make people’s lives easier."Honda began mass-production of motorcycles at its first overseas production facility in Belgium in 1963, and since then, has expanded its production globally in accordance with its fundamental principle of “producing locally where there is demand.” As a result, Honda achieved its 100 million-unit milestone in 1997, its 200 million-unit milestone in 2008, and its 300 million-unit milestone in 2014. In 2018, Honda’s annual production exceeded 20 million units for the first time in its history, and cumulative global production reached 400 million units in 2019. Although the annual production of motorcycles temporarily declined due to COVID-19 in 2020, demand has steadily recovered worldwide to pre-pandemic levels since then. In addition to internal combustion engine (ICE) models, Honda positioned year 2024 as its “first year of global expansion” for electric powered two-wheelers and has started launching new models, creating a wide and diverse product lineup.Honda now offers a broad variety of models from commuters for everyday use to larger displacement models for weekend leisure as well as electric vehicles, with an annual production capacity of more than 20 million units in 23 countries and regions and 37 production entities. The company deliver products and services to customers worldwide through a network of more than 30,000 Honda dealers.Honda will continue its efforts to further solidify its motorcycle business, by providing attractive products and services from diversified approach, realizing the “joy and freedom of mobility” for a wider range of customers, building a highly efficient business structure, and achieving carbon neutrality, including through electrification.Toshihiro Mibe, Director, President and Representative Executive Officer, Honda Motor Co., Ltd.“For Honda, motorcycle business is our founder’s business, and will continue to be the company’s core business. In the motorcycle business, we have built the trust of our customers through our many products and services, which has enabled us to achieve a cumulative production volume of 500 million units. I would like to thank our customers and all stakeholders who were involved in achieving this milestone, from development to production, sales, and service. Honda will continue to take on the challenge of expanding the joy of our customers around the world.”For more information, visit https://global.honda/en/newsroom/news/2025/c250522aeng.html. Copyright 2025 JCN Newswire via SeaPRwire.com.