July 8, 2010, a news release came out, concerning Lockheed Martin and Tata Advanced System Ltd., a part of India's Tata Group, in which they signed a joint venture to "make defense equipment and aircraft parts in India". Lockheed will invest 428 million rupees, while Tata would invest 1.22 billion rupees (around $35 million as of today).
Tata Group also makes cars with Tata Motors in the famous $2500 Nano. Tata Motors is not just a small novelty car company ala Zenn, they also own Daewoo, Jaguar, Land Rover, and Daimler.
Flash back to 2008, when Lockheed signed exclusive rights to develop EEstor electrical energy storage units for "military and homeland defense applications". The initial hype of EEstor was that it would make the electric car a viable alternative to regular gasoline cars, but Dick Weir just hasn't delivered.
So isn't it somewhat significant that Lockheed is announcing a joint venture this week with another company that can leverage the barium titanate technology in both its defense and car business? Or perhaps just its defense business, as the government has possibly decided that the super battery is just too good for the rest of us. But at least Tata can apply their car knowledge to defense applications. Sorry Zenn, you're just a useless useful idiot.