Lockheed In Joint Venture With Rendel, Palmer & Tritton To Seek Ocean Engineering Project
Lockheed Missiles & Space Company, a major U.S. aerospace company, and Rendel, Palmer and Tritton, a 140-year-old British consulting and design engineering partnership, have entered into an arrangement whereby their combined expertise in ocean engineering can add a capability not formerly available to the offshore industry.
Among its projects, Rendel, Palmer and Tritton has worked throughout the world for the last 30 years, particularly in the Middle East and more recently in the North Sea, with marine projects and terminal installations, and is currently managing the Thames River Moveable Barrier Project. Lockheed, heavily engaged in ocean engineering for more than 14 years, has designed, built and operated submersibles, is a prime contractor to the U.S. Government's Department of Energy for the development of ocean thermal energy conversion systems, has formed an international consortium for mining and processing deep ocean manganese nodules, and is currently under contract to several major oil companies for engineering and hardware services.
The agreement provides that either company may, as circumstances dictate, assume the prime contractor role, supported as required by the other. Both firms remain free to pursue independently their normal lines of business, according to James G. Wenzel, vice president for the Lockheed Ocean Systems organization.
Headquartered in London, Rendel, Palmer and Tritton maintains offices in North Africa, the Middle East and Australia. Ocean Systems is based at Lockheed Missiles & Space Co., Sunnyvale, Calif. 94086, and operates the Lockheed Ocean Laboratory at San Diego, Calif.