Lockheed Martin Receives $60 Million Worldwide LANTIRN Depot Award

March 12, 2010 by Jeffrey Bradford · Comment
Filed under: Lockheed Martin, Syndicated Industry News 
Lockheed Martin Receives $60 Million Worldwide LANTIRN Depot Award
July 8, 2009 9:32:00 AM

ORLANDO, Fla., -- The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a five-year, $60 million contract to continue depot maintenance support for LANTIRN navigation and targeting pods at the Lockheed Martin Warner Robins Worldwide Depot. The depot supports repairs on LANTIRN pods for both U.S. Air Force and foreign military sales customers.

LANTIRN navigation and targeting pods provide aviators with enhanced range, resolution and reliability. Under provisions of the contract, Lockheed Martin will continue to operate the government-owned Worldwide Depot at Warner Robins Air Force Base, GA, through 2014.

"Lockheed Martin is proud of its 11-year partnership with the Warner Robins Air Logistics Center to keep LANTIRN pods available and battle-ready," said David Ragsdale, LANTIRN product support manager at Lockheed Martin Missiles and Fire Control. "Our depot employees and U.S. Air Force team provide quick-turn repairs on LANTIRN assets with a commitment to quality. We're proud to be given the opportunity to continue this support."

The Worldwide Depot is located alongside the Warner Robins Air Logistics Center, strengthening a close partnership that has been a key factor in achieving LANTIRN fully-mission capable rates exceeding 90 percent.

"The renewal of this contract represents much more than the renewal of the successful public-private partnership between the U.S. Air Force and Lockheed Martin," said Marty Hutchinson, Air Force Precision Attack System program director at Warner Robins AFB. "It represents the continuation of our joint commitment to meeting the worldwide mission needs of LANTIRN Warfighters by providing them timely and highly effective LANTIRN support."

LANTIRN Extended Range (ER), an upgraded version of the highly successful LANTIRN, allows aircrews to operate in daylight or darkness, at mission altitudes from sea level to 40,000 feet, all with outstanding targeting performance. LANTIRN ER is offered as a newly fabricated pod, or as an upgrade to existing pods. The LANTIRN ER targeting pod is deployed and combat-proven on the U.S. Navy S-3B, and is integrated and tested on the P-3.

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AAR Corporation Announces that Donald Wetekam was Elected Company Officer – Press Release

November 6, 2008 by Matthew Potter · Comment
Filed under: AAR Corporation, Military Aviation, development program 

DONALD J. WETEKAM ELECTED AAR CORPORATE OFFICER

WOOD DALE, ILLINOIS (November 6, 2008) — AAR CORP. (NYSE: AIR) announced today
that Donald J. Wetekam was elected an Officer of the Company. Wetekam serves as Group
Vice President of the Company’s Maintenance, Repair and Overhaul (MRO) segment and is
responsible for overseeing AAR’s MRO activities, growing the Company’s domestic and
international MRO business and expanding the Company’s offerings for government and
defense customers.

“Don is a world-class leader with a wealth of experience successfully directing and transforming large-scale operations,” said David P. Storch, Chairman and Chief Executive Officer of AAR CORP. “His leadership and sharp focus on operational excellence have contributed greatly to strengthening AAR’s position as a first-rate MRO provider.”

Prior to joining AAR, Wetekam served as Deputy Chief of Staff for Insatllations and Logistics in the US Air Force where he was a staunch advocate for the adoption of commercial process improvement techniques, such as Lean and Six Sigma.  He also directed oeprations at Warner Robins Air Logistics Center an dplayed key leadership roles at the Oklahmoa City Air Logistics Center at Tinker Air Force Base.

AAR is a leading provider of products and value-added services to the worldwide aerospace and defense industry.  With facility and sales locations around the world, AAR usies its close-to-the-customer business model to serve aviation and defense customers through four operating segments:  Aviation Supply Chain, Maintenance, Repari and Overhaul; Structures and Systems; and Aircraft Sales and Leasing.  More information can be found at www.aarcorp.com.

Contact: Chris Mason, Director, Corporate Communications
(630) 227-2062, chris.mason@aarcorp.com

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