Dr. Stefan Nell, Chris Giliomee and Andy Hodgson commenced doing business as LMT in March 1999, with the aim of providing a consulting service to the local defence industry. The three founding members spent on average each more than 15 years in the aerospace and military vehicle industries before starting LMT. After 13 years in business with clients in Europe, Africa, the Middle East, North America, China and Australia, 29% of the company’s shares were sold to Pamodzi Investment Holdings, a 100% Black owned company in 2011 and a further 51% to Denel in 2012. The founding shareholders retained 20% of the shares in the business.
LMT offers technologically mature protected mobility products to local and international clients in the defence and security industries. The full value chain is covered, from R&D, design, full scale production to after sales support and training. The product portfolio consists of armoured cabs and armoured containers to 4×4 armoured vehicles providing very high levels of ballistic, landmine and IED protection whilst still retaining exceptional on- and off-road mobility. Products currently in service are the LM5, LM8 and LM13 armoured vehicles, with the LM14 MRAP vehicle currently in development. Product Development consists of ‘best of its class’ design centre and a fully equipped prototype workshop to manufacture vehicles up to the PBL. Production capability includes full scale hull fabrication and complete vehicle assembly of up to 20 vehicles per month.