U.S. Department of Energy Selects Lockheed Martin to Advance Ocean Thermal Energy Conversion Utility Power Plans

U.S. Department of Energy Selects Lockheed Martin to Advance Ocean Thermal Energy Conversion Utility Power Plans
March 17, 2010 9:17:00 AM

MANASSAS, Va., -- The U.S. Department of Energy recently selected Lockheed Martin (NYSE: LMT) to receive two grants totaling $1 million to advance the technology commercialization of Ocean Thermal Energy Conversion (OTEC). The grants support the company's effort to produce an economically viable, utility-scale renewable energy source leveraging the temperature difference of the ocean's warm surface water and colder water below.

Under the first grant, Lockheed Martin will develop a tool to estimate the amount of energy that can be extracted from the ocean's thermal layers. The geographic information system-based dataset and software tool will be used to identify regions of the world viable for OTEC and seawater-based air conditioning (SWAC). The resulting resource mapping will provide critical information to policy makers, the energy industry and the public about regional OTEC and SWAC feasibility.

SWAC, which uses cold seawater located near coastlines to supply air-conditioner coolant, has the potential to significantly reduce electric utility loads during high summer demand periods and is a proven technology currently in use in Hawaii, Bora Bora, Stockholm and Ottawa.

Under the second grant, Lockheed Martin will develop estimates of performance and life-cycle costs associated with utility-scale OTEC systems to demonstrate the economic feasibility of such projects. The resulting data will provide justification for pursuing commercialization of OTEC and generate investment interest in this stable, renewable energy source.

"The Department of Energy awards provide Lockheed Martin the opportunity to further demonstrate the capability of OTEC," said Jeffrey Napoliello, vice president of Lockheed Martin's New Ventures line of business. "As a self-sustaining energy source, with no supplemental power required, OTEC will help our nation and our military achieve their renewable energy goals."

The Department of Energy grants follow an $8.12 million Department of Defense award to Lockheed Martin in September 2009. That contract from the U.S. Naval Facilities Engineering Command calls for development of critical OTEC system components and further matures its design for an OTEC pilot plant, an incremental step in developing large-scale utility plants. In 2008, Lockheed Martin received a $1.2 million Department of Energy contract to demonstrate how special cold water piping could be fabricated to carry the large volumes of seawater required to produce commercial power.

Lockheed Martin's experience with OTEC technology dates back to the 1970s when the company built "Mini-OTEC." This early prototype remains the world's only floating OTEC system to generate power in excess of what is required for self-sustainment. Since that time, Lockheed Martin has continued to mature and validate the critical technologies necessary for an OTEC system that could generate a utility-scale power supply.

In addition to its work in OTEC, Lockheed Martin is working with its customers to address the nation's energy and climate challenges in the areas of next-generation alternative energy, energy efficiency, and storage and climate monitoring.

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Lockheed Martin Awarded Task Order for Continued Production of Symphony IED Jammer Systems

Lockheed Martin Awarded Task Order for Continued Production of Symphony IED Jammer Systems
March 16, 2010 9:10:00 AM

SYRACUSE, N.Y., -- The U.S. Navy awarded Lockheed Martin (NYSE: LMT) a sole source indefinite-delivery-indefinite-quantity contract for Symphony Radio Controlled Improvised Explosive Device (RC-IED) Defeat jammer systems. With an initial task order valued at $40.8 million, the contract runs through September 2014 and has a ceiling value of $940 million.


The Symphony systems are U.S. Government-approved for sale through the Foreign Military Sales program to allied, coalition and partner nations for operations in Iraq, Afghanistan and other nations.


"Symphony is mounted on convoy vehicles and has been proven in combat against Radio-Controlled IEDs," said Carl Bannar, vice president and general manager of Lockheed Martin's Radar Systems business. "The system was engineered and built to provide continuous electronic force protection against RC-IEDs in the most rugged, tactical and extreme environments."


Symphony is programmable and designed for easy installation, operation and maintenance on a diverse set of platforms used by security forces worldwide. It is compatible and interoperable with other communications systems and jamming devices.


Lockheed Martin performs Symphony system production, vehicle system integration, depot and logistic support and engineering work at facilities in Florida and Virginia, as well as in theater. Lockheed Martin has produced Symphony since 2006, has delivered more than 1,000 systems and, prior to the latest contract, had received orders totaling $126 million.

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Marinette Marine Facility Expansion to Enhance Lockheed Martin’s Littoral Combat Ship Program

Marinette Marine Facility Expansion to Enhance Lockheed Martin's Littoral Combat Ship Program
March 15, 2010 11:08:00 AM

MARINETTE, Wis., -- Marinette Marine Corporation, a member of the Lockheed Martin (NYSE: LMT)-led Littoral Combat Ship (LCS) industry team, recently broke ground for an expansion to nearly double the size of its main indoor ship construction building -- an investment to support the construction of the U.S. Navy's LCS.

The expansion will provide enough indoor space to simultaneously house two complete LCS hulls and parts for two additional ships. The building enhancements also allow greater use of Marinette Marine's proven modular construction process, which will enable the Lockheed Martin team to construct LCS more cost effectively.

The ground-breaking is the latest in a recent series of investments made by the shipyard's parent company, Fincantieri, as part of its five-year, $100 million plan to modernize its U.S. shipbuilding operations and support the LCS program. In 2009, Marinette Marine installed higher-capacity overhead cranes, plasma-cutting tables and pipe-bending machines to increase efficiency and capacity. In 2008, Lockheed Martin also became a minority partner in the shipyard, while continuing to share its project management and lean manufacturing techniques to meet the LCS program's cost and schedule goals.


"This is a terrific investment by Fincantieri and represents the commitment they're willing to make to continue quality shipbuilding at Marinette Marine," said Senator Herb Kohl of Wisconsin. "It's an investment in the men and women employed there, in the community that is so supportive of this company, and in their ability to give the Navy a well-built LCS at a competitive price."


"This groundbreaking represents a significant milestone in the transformation of Marinette Marine to the premier mid-tier shipyard in the United States," said Giuseppe Bono, Fincantieri's chief executive officer. "The building expansion will allow us to fully complete a large ship such as LCS completely indoors at an even higher degree of completion and quality."

Marinette Marine constructed and launched the nation's first LCS, USS Freedom. Commissioned by the U.S. Navy in 2008, USS Freedom was deployed two years ahead of schedule and recently completed three successful drug interdictions. The shipyard is also constructing the Navy's third LCS, Fort Worth (LCS 3).

"Fort Worth is on cost and on schedule, with 90 percent of its modules under construction and more than 30 percent of the ship complete," said Dan Schultz, vice president and general manager of Lockheed Martin's Ship and Aviation Systems business. "The improvements underway at Marinette Marine increase the team's capacity in meeting the U.S. Navy's need for an affordable, survivable LCS. We've already seen a 30 percent reduction in labor cost from our first ship."

"With investments from Fincantieri and a strong partnership with the state, Marinette Marine continues to move forward as a world leader in high-quality ship building," said Wisconsin Governor Jim Doyle. "The recent launch of the USS Freedom is a testament to the hard work and ingenuity of the Marinette Marine Corporation workforce. With this groundbreaking Marinette Marine will become even more competitive, and create more jobs in this community."

Designed to operate in littoral waters, the Lockheed Martin-led team's LCS features semi-planing steel monohull that provides the Navy with a survivable, fast, and agile shallow-draft warship that maximizes mission flexibility and accessibility. With a proven open architecture networked, combat-management system common to other surface combatants in U.S. and international navies, the Lockheed Martin team's LCS provides unprecedented levels of reliability and interoperability with global maritime forces.

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Lockheed Martin Delivers Innovative Full-Motion Video Intelligence System to USJFCOM

Lockheed Martin Delivers Innovative Full-Motion Video Intelligence System to USJFCOM
March 15, 2010 11:13:00 AM

SUFFOLK, Va., -- The U.S. Joint Forces Command is testing a brand new video intelligence system delivered by Lockheed Martin (NYSE: LMT) that will help commanders take better control of the flood of video being generated on the modern battlefield. The Valiant Angel system uses broadcast television technology to help commanders collect, archive, search, analyze and share full-motion video.

This first Valiant Angel system was delivered just over 90 days after contract award. Joint Forces Command awarded a team comprised of Lockheed Martin, Harris Corporation and NetApp a $29 million contract to develop the system in September. The Valiant Angel Network Operations Center and first node was delivered on December 4th to the Command's Joint Intelligence Laboratory, where it is undergoing integration testing in advance of a planned deployment to Afghanistan this spring.

"Full-motion video is one of today's most pressing tactical intelligence challenges," said Dan Rice, Lockheed Martin Vice President for Spatial Solutions. "With so many sensors out there generating so much video, it can be overwhelming for the user to manage. Joint Forces Command recognized early on that this challenge was in need of an innovative new solution - and one that could get into the hands of warfighters immediately. We're proud to be working with USJFCOM to rapidly turn Valiant Angel from contract award into an operational system."

Once the system completes the testing phase, Lockheed Martin will produce and field several Valiant Angel "nodes" to Afghanistan. Each node consists of a suite of high-capacity servers that store and archive video footage from multiple sensors and UAVs, coupled with a software system that lets users catalog, tag, search, and analyze video clips. For instance, users can search the archive for a specific person or vehicle, or they can fuse mapping, geospatial, and multi-source intelligence data with video feeds to conduct in-depth analysis. Valiant Angel works with both archived video and with live, incoming video streams.

The Valiant Angel system incorporates tools and technologies from Lockheed Martin's Audacity(TM) video analysis system, Harris Corporation's Full-Motion Video Asset Management System (FAME(TM)), and NetApp's Data ONTAP high-performance storage technology.

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Christopher Gregoire Named Lockheed Martin Vice President and Controller

Christopher Gregoire Named Lockheed Martin Vice President and Controller
March 15, 2010 4:08:00 PM

BETHESDA, Md., -- Lockheed Martin (NYSE: LMT) today announced that Christopher Gregoire has been named Vice President and Controller effective Mar. 29, 2010.

Gregoire will succeed acting Controller Mark Bostic. Bostic will continue his position as Vice President, Accounting, for the Corporation after serving more than seven months in the capacity of acting Controller.

In his new position, Gregoire will lead the Corporation's accounting, financial planning & analysis, government finance and tax functions.

"His extensive background in finance and accounting allows Chris to bring formidable skills in financial management and reporting that will benefit the Corporation," said Bruce Tanner, Lockheed Martin Executive Vice President and Chief Financial Officer. "His public and private sector experience will enhance our entire Corporate team."

Gregoire was previously the Principal Accounting Officer and Assistant Controller for Sprint Nextel Corporation, where he led more than 100 finance professionals and was responsible for all external financial reporting and disclosures to the U.S. Securities and Exchange Commission (SEC), as well as other duties.

Gregoire is a former partner of Deloitte & Touche LLP in McLean, Va. He also is a former Professional Accounting Fellow at the SEC. Gregoire is a Certified Public Accountant and has a bachelor's degree in accounting from Virginia Tech.

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Lockheed Martin Delivers 1,000th Vertical Launch ASROC Missile

Lockheed Martin Delivers 1,000th Vertical Launch ASROC Missile
July 6, 2009 9:03:00 AM

AKRON, Ohio, -- Lockheed Martin (NYSE: LMT) recently marked the production and delivery of the 1,000th Vertical Launch ASROC (VLA) missile during a ceremony at the company's Akron, OH, facility. The milestone VLA missile is part of a contract for the Japanese Maritime Self Defense Force.

The world's only urgent attack operational antisubmarine warfare (ASW) weapon for surface combatants, VLA missiles provide vessels with the capability to attack submarines beyond the submarine's attack range, even in adverse weather conditions. Lockheed Martin supplies VLA missiles to the U.S. Navy as well as the Japanese Maritime Self Defense Force through a combination of Foreign Military Sales (FMS) and direct commercial sales.

"The VLA missile has proven to be a very robust weapon," said Capt. Tom Wears, U.S. Navy program manager. "This weapon will be a critical component of the U.S. Navy's inventory for many years."

"This milestone demonstrates the longstanding teamwork and commitment from the VLA Program Team to our customers and to the warfighter," said Rick Perez, vice president of Lockheed Martin's Defense Systems market segment.

"We are pleased that the VLA missile is the primary ASW weapon for Japan's newest surface combatant ships," said Naoji Tomita, vice president and general manager, Mitsubishi International Corporation. Mitsubishi is Lockheed Martin's trading partner for the Japanese Maritime Self Defense Force.

Development of the VLA missile began in 1984 and production units have been delivered to the U.S. and allied navies since 1992.

To provide defense against existing and future ASW threats, Lockheed Martin is currently extending the range of the VLA. This new missile, the VLA Extended Range (VLA-ER), will provide four to five times more range by adding a wing glide kit to the existing system. VLA-ER reuses nearly 90 percent of the existing VLA and includes a common configuration allowing both ship and air launch.

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Sniper ATP Demonstrates Enhanced ISR Capability at Empire Challenge

Sniper ATP Demonstrates Enhanced ISR Capability at Empire Challenge
September 15, 2009

ORLANDO, FL, -- Lockheed Martin's [NYSE: LMT] Sniper. Advanced Targeting Pod (ATP) demonstrated its advanced intelligence, surveillance and reconnaissance (ISR) capability during the recent joint forces Empire Challenge exercise. The enhancements respond to U.S. defense officials' call for improved ISR for convoy route reconnaissance and battlefield situational awareness.

During the joint and coalition military exercise conducted at Nellis Air Force Base, NV, and China Lake Naval Air Station, CA, pilots demonstrated a Sniper pod with enhanced algorithms, a digital data recorder and a high-definition sensor and datalink. U.S. Air Force crews flew the pod on an F-16 in support of the exercise's key objective - to evaluate proposed ISR solutions for Warfighter requirements.

"Field reports from ongoing contingency operations routinely attest to the use of the Sniper ATP to conduct non-traditional ISR missions," said Ken Fuhr, Fixed-Wing Program director at Lockheed Martin Missiles and Fire Control. "To better serve the Warfighter, we're expanding the pod's role as an ISR tool. Empire Challenge provided an excellent opportunity to demonstrate the pod's capability in support of improvised explosive device search, convoy support and armed overwatch."

During the exercise, Sniper pod's ISR capabilities demonstrated autonomous reconnaissance and data collection, providing a complete battlefield picture for intelligence operations. Directed by pre-defined or pilot-designated flight points, this capability can be used to monitor convoy routes or wide areas of interest, in addition to capturing images of infrastructure such as oil pipelines, power lines and roadways.

Packaged in a single lightweight pod, Sniper ATP's enhanced image clarity provides critical long-range, positive identification of both moving and stationary air and ground targets, as well as real-time targeting for advanced laser-guided weapons. It is also equipped with a video downlink that relays high-resolution streaming video to forward-deployed forces for non-traditional ISR and rapid target coordination.

Competitively selected as the U. S. Air Force's advanced targeting pod in 2001, the Sniper ATP is used by the U.S. Air Force in current combat operations and is actively deployed on five different U.S. and coalition platforms.

With a proven 98 percent field availability rate and demonstrated supportability worldwide, Sniper ATP is designed to be "plug-and-play" for optimal flexibility. The Sniper pod is operational on U.S. Air Force, Air National Guard and multinational F-16, F-15, B-1, CF-18, Harrier, A-10 and Tornado aircraft. It is currently being integrated and is flying on the B-52. Sniper pods provide discriminating capability to the U.S. Air Force, Air National Guard and 11 international air forces, including coalition partners.

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Lockheed Martin Awarded $23 Million for Production of JASSM-Extended Range Test Missiles

Lockheed Martin Awarded $23 Million for Production of JASSM-Extended Range Test Missiles
July 6, 2009 11:17:00 AM

ORLANDO, Fla., -- Lockheed Martin (NYSE: LMT) was awarded a $23 million contract for production of 12 Joint Air-to-Surface Standoff Missile-Extended Range (JASSM-ER) test missiles to be used in flights tests. Six of the missiles will be used to complete the development test flight program, with the remaining six to be used in operational tests.

All of the missiles will be tactically configured with an added test instrumentation kit. The missiles are assembled in Lockheed Martin's award-winning missile assembly facility in Pike County, AL.

"These tests will demonstrate the maturity of the JASSM-ER design, and support the Milestone C decision to proceed with low rate initial production of the missile," said Alan Jackson, director of the JASSM and JASSM-ER programs at Lockheed Martin Missiles and Fire Control.

The flight tests will be launched from a B-1B aircraft and engage various tactical targets. JASSM-ER has a 100 percent success rate, currently four-for-four in developmental flight tests.

The development and procurement of JASSM-ER is a key element of the B-1B reinvestment strategy. The additional range provided by the JASSM-ER variant benefits the B-1B with responsive, precision-engagement capability, while remaining clear of highly-defended airspace and beyond the range of long-range, surface-to-air missiles.

One of the primary JASSM-ER program objectives is to provide the Warfighter with a significant operational capability more than 2.5 times the baseline missile range. The JASSM-ER maintains the same outer mold line, survivability and lethality of the baseline JASSM missile.

A 2,000-pound class weapon with a dual-mode penetrator and blast fragmentation warhead, JASSM cruises autonomously in adverse weather, day or night, using a state-of-the-art infrared seeker in addition to the enhanced digital anti-jam Global Positioning System (GPS) receiver to find a specific aimpoint on the target. Its stealthy airframe makes it extremely difficult for air defense systems to engage. The JASSM-ER missile design will be compatible with the threshold B-1B platform, as well as the B-2, B-52 and F-16 aircraft that currently employ JASSM.

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U.S. Army Receives First Lockheed Martin EQ-36 Counterfire Target Acquisition Radar System

U.S. Army Receives First Lockheed Martin EQ-36 Counterfire Target Acquisition Radar System
July 7, 2009 9:04:00 AM

EQ-36 Radar Delivered After Live-fire Testing at Yuma Proving Ground

SYRACUSE, N.Y., -- Lockheed Martin (NYSE: LMT) has delivered the first Non-Recurring Engineering Enhanced AN/TPQ-36 Counterfire Target Acquisition (EQ-36) Radar System to the U.S. Army.

The EQ-36 radar's delivery on July 2 followed its successful live-fire performance testing against indirect fire from mortars, artillery and rockets from a simulated enemy. The series of tests, held this spring at the Army's Yuma Proving Ground in Arizona, included engineering, contractor and government acceptance testing.

The on-time delivery of the first operational EQ-36 system was just 30 months after the Army's Program Executive Office - Intelligence, Electronic Warfare and Sensors awarded Lockheed Martin a $120 million design and development contract for five systems. EQ-36 radar systems will replace the aging TPQ-36 and TPQ-37 medium-range radars now in the Army's inventory.

"We've listened carefully to the U.S. Army and understand the urgent need to field EQ-36 to protect soldiers currently in the theater," said Carl Bannar, vice president of Lockheed Martin's Radar Systems business. "We're very proud to deliver this first operational EQ-36 system to our customer on schedule."

To accelerate the fielding of the EQ-36 radar, the U.S. Army in June 2008 exercised contract options with Lockheed Martin for 12 additional systems, which will include enhanced performance capabilities. Further, to support the war fighter, delivery of all 12 systems has been accelerated. With production for both orders now running in parallel, the remaining EQ-36 systems will be delivered by fall 2010.

In October 2007, the EQ-36 program completed a successful Preliminary Design Review and in March 2008, the program successfully completed its Critical Design Review.

In November and December 2007, a prototype EQ-36 radar, built by industry partner SRC, was tested against mortars and rockets at Yuma Proving Ground. During the tests, which were specifically designed to evaluate the radar's ability to meet U.S. Army requirements, the EQ-36 prototype successfully located the firing positions of both rocket and mortar launchers. Live fire testing was conducted over a seven-day period without a single false alarm.

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Lockheed Martin Receives $60 Million Worldwide LANTIRN Depot Award

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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Hawker Beechcraft, Lockheed Martin Team to Compete for U.S. Air Force Light Attack and Armed Reconnaissance Aircraft

Hawker Beechcraft, Lockheed Martin Team to Compete for U.S. Air Force Light Attack and Armed Reconnaissance Aircraft
September 15, 2009 3:01:00 PM

WICHITA, Kan. and OWEGO, N.Y., -- Hawker Beechcraft Corporation (HBC) and Lockheed Martin (NYSE: LMT) have teamed to compete for the opportunity to provide a low-cost, low-risk solution to address U.S. Air Force (USAF) needs for a Light Attack and Armed Reconnaissance (LAAR) aircraft. The USAF is expected to launch an acquisition program in fiscal year 2010.

HBC, based in Wichita, Kan., will be prime contractor and Lockheed Martin Systems Integration in Owego, NY, will be the mission systems integrator for the Beechcraft AT-6 LAAR aircraft. The AT6 will be a product of the combined heritage and expertise of the two companies, leveraging the existing worldwide fleet of Hawker Beechcraft T6 aircraft that recently passed the one million flying hour milestone, with the proven missions systems integration expertise of Lockheed Martin.

"This teaming agreement marks a big step forward in working to meet the Air Force's emerging Irregular Warfare needs," said Hawker Beechcraft Chairman and CEO Bill Boisture. "By teaming with Lockheed Martin, we will deliver an AT-6 LAAR aircraft that meets the training and light attack capabilities the Air Force needs in one flexible platform. The AT-6 is a low-risk, low-cost solution that complements existing combat aircraft capabilities and will contribute to the Air Force's building partner capacity initiatives around the world."

"The Hawker Beechcraft and Lockheed Martin team bring together the best of both worlds: a proven platform and a proven mission system integration capability," said Marillyn Hewson, president of Lockheed Martin Systems Integration - Owego. "Together, we have a strong offering that will deliver a needed light attack capability requested by the warfighter."

The AT6 incorporates the very best of proven training and close air support capability to meet expected LAAR requirements. The aircraft covers a wide mission spectrum that includes training, manned Intelligence Surveillance and Reconnaissance (ISR) and light precision attack, while also offering non-traditional capabilities for Homeland Defense and Civil Support missions. The AT-6 has tremendous commonality between the USAF T-6A and the U.S. Navy (USN) T6B, and Lockheed Martin-developed missions systems avionics commonality with the combat-tested A10C.

Last week, production began on a second AT-6 prototype, designed to both improve performance and expand mission capabilities over the first AT-6 prototype, which is currently in flight testing through spring 2010.

HBC has been meeting the needs of U.S. and foreign military customers around the world with trainer, weaponized trainer and special mission aircraft, which are currently in service in more than 50 nations. Today, all USAF and USN student pilots train in a Hawker Beechcraft aircraft. Lockheed Martin Systems Integration - Owego is a world leader in mission systems integration on multiple platforms, including the A-10C Precision Engagement modification program, which provides an innovative government industry teamwork approach and combat-proven precision strike capability.

Hawker Beechcraft Corporation is a world-leading manufacturer of business, special mission and trainer aircraft - designing, marketing and supporting aviation products and services for businesses, governments and individuals worldwide. The company's headquarters and major facilities are located in Wichita, Kan., with operations in Salina, Kan.; Little Rock, Ark.; Chester, England, U.K.; and Chihuahua, Mexico. The company leads the industry with a global network of more than 100 factory-owned and authorized service centers. The company reported 2008 net sales of $3.5 billion.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including statements that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management's assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results may differ significantly from those envisaged by our forward-looking statements. Among the factors that could cause actual results to differ materially from those described or implied in the forward-looking statements are general business and economic conditions, production delays resulting from lack of regulatory certifications and other factors, competition in our existing and future markets, lack of market acceptance of our products and services, the substantial leverage and debt service resulting from our indebtedness, loss or retirement of key executives and other risks disclosed in our filings with the Securities and Exchange Commission.

SOURCE: Hawker Beechcraft Corporation

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Lockheed Martin C-5M Super Galaxy Sets World Aviation Records

Lockheed Martin C-5M Super Galaxy Sets World Aviation Records
September 15, 2009 11:47:00 AM

DOVER AFB, Del., -- A joint U.S. Air Force and Lockheed Martin (NYSE: LMT) flight crew flying a C-5M Super Galaxy strategic transport claimed 41 world aeronautical records in one flight on September 13.

The flight from Dover AFB broke eight existing world marks and established standards in 33 other categories where there had been no previous record attempt. The records were set in the Class C-1.S, Jet category for altitude in horizontal flight, altitude with payload, time-to-climb, time-to-climb with payload and greatest payload to 2,000 meters. The aircraft carried a payload of more than 80,000 kg (the actual measured payload weight was 176,610 lb) to an altitude of more than 41,100 feet in 23 minutes, 59 seconds.

"These records are simply a reflection of the capability of the Super Galaxy," said Lorraine Martin, Lockheed Martin C-5 Program vice president. "These records are not just for show. They demonstrate conclusively the C-5M's ability to quickly get the warfighter out of harm's way while carrying a larger payload than any other U.S. airlifter. This flight also showed the Super Galaxy can operate with that payload at operational altitudes. The C-5M is strategic airlift redefined."

The Class C-1.S Jet category is for aircraft weighing from 250,000 kilograms (551,155 pounds) to 300,000 kg (661,386 lb). The C-5M had a takeoff weight of 649,680 lb, which included fuel, crew weight, necessary equipment, and the payload, which was loaded on 29 standard U.S. military 463L cargo pallets. All C-5s are capable of carrying 36 pallets.

The flight set a new record for altitude with payload of 41,188 feet. It also set marks for time-to-climb and time-to-climb with 35,000 kg (77,162 lb), 40,000 kg (88,185 lb), 45,000 kg (99,208 lb), 50,000 kg (110,231 lb), 60,000 kg (132,277 lb), 70,000 kg (154,323 lb), and 80,000 kg payload. The flight took 4 minutes, 13 seconds to reach 3,000 m (9,843 ft) altitude; 7 min., 27 sec to get to 6,000 m (19,685 ft); 13 min., 8 sec. to fly to 9,000 m (29,528 ft); and 23 min., 59 sec to fly to 12,000 meters (39,371 ft).

The flight also broke existing class records for altitude in horizontal flight (41,116 ft) and altitude with 35,000 kg, 40,000 kg, 45,000 kg, 50,000 kg, 60,000 kg, and 70,000 kg payload (41,188 ft). The mission broke the record for greatest payload (80,036 kg/176,610 lbs) to 2,000 meters (6,562 ft) as well.

All of the records will first be certified as United States national records by the National Aeronautic Association, the nation's oldest aviation organization. The NAA, based in Arlington, Va., is the U.S. representative to the Federation Aeronautique Internationale (FAI), the sanctioning body for all world aviation records. Formal approval of the C-5M records by the Lausanne, Switzerland-based FAI is expected to take several weeks.

The C-5M is the product of two major upgrade programs. The Avionics Modernization Program (AMP) modifications replace the C-5's analog avionics in the Galaxy with a commercially available, digital avionics suite along with an integrated architecture that allows for upgrades. The entire system is designed to increase safety, ease crew workload and enhance situational awareness.

The second phase is the Reliability Enhancement and Re-engining Program (RERP). The RERP modifications consist of more than 70 improvements and upgrades to the C-5 airframe and systems, and include installation of higher-thrust, more reliable, more environmentally friendly F138-GE-100 turbofan engines. This engine is the military version of the CF6 engine that has recorded hundreds of millions of hours on commercial airliners all over the world and that serves on Air Force One. When a Galaxy has been through both AMP and RERP, it is redesignated a C-5M.

Current Air Force plans call for Lockheed Martin to deliver 52 C-5Ms (modification of 49 C-5Bs, two C-5Cs, and one C-5A) by 2016. Three C-5Ms have been redelivered to the Air Force.

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Lockheed Martin Team Passes Critical Design Review for Solar Ultraviolet Imager for GOES-R Satellite Series

Lockheed Martin Team Passes Critical Design Review for Solar Ultraviolet Imager for GOES-R Satellite Series
December 17, 2009 11:31:00 AM

PALO ALTO, Calif., -- The Lockheed Martin (NYSE: LMT) team, awarded a contract by NASA in 2007 to design and build the agency's Solar Ultraviolet Imager (SUVI) for the Geostationary Operational Environmental Satellite (GOES)-R Series, has met the requirements of a Critical Design Review. The review was conducted last week at the Lockheed Martin Space Systems Advanced Technology Center (ATC) in Palo Alto by a group of multi-disciplinary experts from NASA and NOAA, as well as a number of independent reviewers. The SUVI instrument will be built at the ATC under the management of the company's Sensing & Exploration Systems organization.

The Lockheed Martin SUVI instrument meets and exceeds all performance requirements. The design provides over six times more pixels (picture elements) than required, and imaging cadence capability at more than three times the original specification. The SUVI program will now proceed to fabrication of the flight units. The next major review will be the Pre-Environmental Review in Nov. 2011. The team is on track for instrument delivery in Oct. 2012, with six months of schedule margin to meet that date. The first GOES-R launch is scheduled for 2015.


"As a team we are honored to have surpassed this important milestone in the design and construction of SUVI," said Mons Morrison, Lockheed Martin SUVI program manager. "We look forward to continuing our collaboration with NASA and NOAA to produce the best possible suite of instruments that will make these crucial measurements, and to working side by side with our Lockheed Martin colleagues who will design and build the GOES-R spacecraft."

The SUVI on the GOES-R satellites is a diverse set of operational instruments that will provide the required solar observational capabilities that enable NOAA to monitor solar activity and to issue accurate real-time alerts when space weather may possibly affect the performance and reliability of space-borne and ground-based technological systems and human endeavors. Space weather can disrupt satellite operations, communications, navigation, and the distribution of electricity through power grids. These can lead to economic losses and can potentially endanger human life.

In recognition of the importance of the data SUVI will gather and the challenges associated with designing and building the instruments, Lockheed Martin assembled a highly capable team with a substantial record of success in providing similar instruments for other missions. The Lockheed Martin Solar and Astrophysics Laboratory (LMSAL) within the ATC, well known for solar instrument development and solar physics research, leads the GOES-R SUVI effort. LMSAL recently completed work on the GOES-O Solar X-ray Imager (SXI) and oversaw its successful calibration on-orbit following a June 2009 launch.

Along with the Polar Operational Environmental Satellite (POES) and Defense Meteorological Satellite Program (DMSP) polar orbiting weather satellites currently built by Lockheed Martin, GOES is a critical part of the U.S. satellite constellation for weather observations. Operational since 1975, the GOES program is a key element in National Weather Service (NWS) operations, providing a continuous stream of environmental information (weather imagery and sounding data) used to support weather forecasting, severe-storm tracking, and meteorological research. Along with weather forecasting, the GOES program also provides data to support space weather forecasting, safety, protection of property, and ultimately, economic health and development. The future GOES-R mission is expected to improve the quality and timeliness of forecasts, expanding the safety and economic security of the public.

The GOES Program is managed by NOAA, which establishes requirements, provides funding and distributes environmental data for the United States. NASA's Goddard Space Flight Center, Greenbelt, Md., manages the SUVI instrument acquisition as a part of its support to NOAA's development of the GOES-R series of satellites.

The ATC is the research and development organization of Lockheed Martin Space Systems Company (LMSSC). LMSSC, a major operating unit of Lockheed Martin Corporation, designs and develops, tests, manufactures and operates a full spectrum of advanced-technology systems for national security and military, civil government and commercial customers. Chief products include human space flight systems; a full range of remote sensing, navigation, meteorological and communications satellites and instruments; space observatories and interplanetary spacecraft; laser radar; ballistic missiles; missile defense systems; and nanotechnology research and development.

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EADS-NA Says Not Comfortable Priming KC-X Contract

Aviation Week is reporting that EADS-North America felt it needed an partner on the KC-X contract as it was not comfortable being the prime for such a large effort. While EADS has experienced some decent growth in the U.S. it still has a fairly lean organization.

The company was confident that they could provide to Northrop the basic airframes on cost and schedule. Northrop would have then been responsible for the necessary military modifications. EADS would have had to find a partner in General Dynamics, Raytheon or Lockheed Martin. There would be few large contractors available in the U.S. with the past experience to support a contract of this size.

Aegis Weapon System Tested During International Multiple Ship Demonstration

Aegis Weapon System Tested During International Multiple Ship Demonstration
March 11, 2010 9:09:00 AM

MOORESTOWN, N.J., -- Lockheed Martin (NYSE: LMT), in support of the U.S. Navy, successfully completed Combat System Ship Qualification Trials (CSSQT) for Aegis Combat Systems installed aboard U.S. and Spanish navy ships. The last time these two nations participated in a combined CSSQT was in 2007.

The latest event was conducted at sea last week in the vicinity of Pt. Mugu, CA and involved U.S. Navy destroyers USS Dewey (DDG 105) and USS Wayne E Meyer (DDG 108) along with the Spanish Navy frigate Alvaro de Bazan (F-101).

During the CSSQT, the ships' Aegis Combat Systems were evaluated for combat-readiness through comprehensive surface, subsurface and anti-air warfare exercises, including manned raids and electronic attack scenarios, as well as thorough testing of the systems' tactical data link and air defense capabilities.

"In addition to unmatched capabilities against all threats at sea, these qualification trials emphasize the global interoperability Aegis provides the U.S. Navy and its allies," said Jeff Bantle, vice president and general manager of Lockheed Martin Mission Systems & Sensors in Moorestown, N.J. "The contributions of our industry partners Navantia, Indra, RYMSA, Sainsel and other Spanish companies have been critical factors in the success of the Spanish F-100 frigate program, as well as in the support of the international fleet of Aegis-equipped ships."

The Aegis Weapon System includes the SPY-1 radar, the Navy's most advanced radar system. When paired with the MK 41 Vertical Launching System, it is capable of delivering missiles for every mission and threat environment in naval warfare. The Aegis Weapon System is currently deployed on more than 90 ships around the globe with at least 14 more ships planned. In addition to the U.S., Aegis is the weapon system of choice for Australia, Japan, Korea, Norway, and Spain.

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Lockheed Martin Awarded Arizona Support Center Contract for M-TADS/PNVS

Lockheed Martin Awarded Arizona Support Center Contract for M-TADS/PNVS
March 11, 2010 10:25:00 AM

ORLANDO, FL, -- The U.S. Army awarded Lockheed Martin [NYSE: LMT] a contract to support the Target Acquisition Designation Sight/Pilot Night Vision Sensor (TADS/PNVS) and Modernized TADS/PNVS (M-TADS/PNVS) systems on the AH-64 Apache helicopter at the Arizona Support Center (ASC). The contract has a potential value of $36.8 million for the next three years. Located in Gilbert, AZ, the Arizona Support Center inducts, refurbishes and modifies legacy TADS/PNVS components to incorporate into the modernized system (M-TADS/PNVS). The contract includes fielding activities associated with the modernization effort. Fielding activities will include sending a team of Orlando-based product support technicians to U.S. Army Apache locations worldwide to install and test newly modified M-TADS/PNVS systems on the aircraft.

"M-TADS/PNVS has consistently proven its effectiveness on the battlefield," said David Belvin, director of Apache M-TADS/PNVS and Support Programs at Lockheed Martin Missiles and Fire Control. "This contract allows for the continued fielding of this crucial capability to the Warfighter."

M-TADS/PNVS is an advanced electro-optical fire control system that provides AH-64D Apache helicopter pilots with advanced targeting and pilotage capabilities that result in enhanced mission effectiveness during day, night and/or adverse-weather missions.

"Every Apache battalion deployed in support of current operations in Iraq and Afghanistan is equipped with the M-TADS/PNVS system," said Col. Shane Openshaw, Program Manager for Apache. "The system is the number one Apache pilot request since 1997. Apache performance remains outstanding from the factory to the foxhole."

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Lockheed Martin and Aegisound Honored With Defense Department’s Nunn-Perry Award

Lockheed Martin and Aegisound Honored With Defense Department's Nunn-Perry Award
March 11, 2010 12:39:00 PM

WASHINGTON, -- An industry Mentor-Protege agreement between Lockheed Martin (NYSE: LMT) and Aegisound LLC of Blacksburg, Va., was recognized with a Department of Defense Nunn-Perry Award in ceremonies yesterday evening.

Under the agreement, Lockheed Martin has assisted Aegisound in developing its capabilities as a supplier of advanced hearing-protection devices for personnel working in harsh noise environments.Hearing-protection devices from Aegisound are planned for use on aircraft carrier decks during Navy operations with the F-35 Lightning II Joint Strike Fighter aircraft and will help preserve the hearing of service men and women.

The prestigious Nunn-Perry Award, named in honor of former Sen. Sam Nunn and former Secretary of Defense William Perry, was first awarded in 1995 to recognize outstanding Mentor-Protege teams formed under the auspices of the DoD Mentor-Protege program.

Aegisound is a small Historically Underutilized Business Zone (HUBZone) business. Lockheed Martin Aeronautics is providing knowledge, experience and best manufacturing practices to help Aegisound develop its production capabilities and business infrastructure to serve defense, aerospace and commercial markets. Working through the U.S. Navy Mentor-Protege office over a three-year period, the two companies combined efforts to increase Aegisound's production and sales capacity.

"This Mentor-Protege project is a win-win-win proposition. First and most importantly, this technology provides effective hearing protection for the crews that launch airplanes from U.S. Navy carriers. Aegisound is gaining a state of the art, highly efficient manufacturing capability that will support planned growth as the demand for their products increases. The technology enables Lockheed Martin to meet important F-35 program requirements," said Gary Bailey, vice president of Supply Chain Management for Lockheed Martin Aeronautics. "We will continue work toward developing Aegisound into a world-class supplier, capable of producing the most sophisticated hearing protection available today," Bailey said.

Aegisound's hearing-protection and communications devices, developed under the F-35 Lightning II program, employ state-of-the-art active noise-canceling technology. The new hearing protectors replace existing hearing-protection devices that are based on 50-year-old technology. The new devices, providing both protection and intelligible communications in extreme noise environments, are worn on deck by aircraft carrier personnel conducting catapult launches and maintenance activities.

As part of the Mentor-Protege initiative, Lockheed Martin teamed with the Morehouse College Entrepreneurship Center to provide training, mentoring and consultancy to Aegisound. Morehouse College is an Historically Black College/University (HBCU) in Atlanta, Ga.

"The mentoring assistance provided by Lockheed Martin and Morehouse College Entrepreneurship Center has proven to be invaluable to Aegisound in supporting our continued growth and mission to serve and protect those who serve and protect us," said Michael Vaudrey, president and CEO of Aegisound.

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GeoEye Selects Lockheed Martin to Build Next-Generation Commercial Remote Sensing Satellite System

GeoEye Selects Lockheed Martin to Build Next-Generation Commercial Remote Sensing Satellite System
March 11, 2010 1:59:00 PM

SUNNYVALE, Calif., -- Lockheed Martin Space Systems Company, a core business area of the Lockheed Martin Corporation (NYSE: LMT), announced today that it has been selected by GeoEye, Inc. (Nasdaq: GEOY) to build the company's next-generation, high-resolution Earth imaging satellite system known as GeoEye-2. Financial terms are not being disclosed at this time.

Lockheed Martin has begun start-up activities and procurement of long-lead components to support the earliest possible launch date for GeoEye-2. This effort will lead to a contract award for the design, engineering and manufacturing of the satellite and the associated command and control system.

Lockheed Martin Space Systems, a world leader in the most advanced space-based systems for government and commercial customers, designed and built the world's first commercial, high-resolution, Earth-imaging satellite, IKONOS, which has been providing 0.82-meter ground resolution imagery to GeoEye's customers around the globe for more than a decade.

These map-accurate images are used for applications in national security, environmental monitoring, state and local government, disaster assessment and relief, land management and for many other geospatial applications.

"GeoEye and Lockheed Martin have had a long and productive partnership since building and launching the first commercial remote sensing satellite," said Joanne Maguire, executive vice president, Lockheed Martin Space Systems. "Our GeoEye-2 solution will leverage our strong government and commercial satellite system expertise and focus on operational excellence and mission success to provide GeoEye with another world-class, high-performance spacecraft for its customers."

Matthew O'Connell, GeoEye's chief executive officer and president, said, "We look forward to working with Lockheed Martin again and eagerly anticipate the construction and successful launch of another cutting-edge satellite which will provide proven reliability and greatly enhanced imaging capabilities for our customers."

Lockheed Martin's GeoEye-2 solution will build on the company's deep heritage and ability to execute within cost and schedule in this mission area and offer increased agility, resolution and flexibility over IKONOS and GeoEye-1. This will enable the National Geospatial-Intelligence Agency (NGA) to provide critical geospatial situational awareness and global security information to intelligence analysts, war fighters and decision makers. Commercial users will also benefit from access to GeoEye-2's map-accurate color imagery. The spacecraft will feature a high-resolution ITT camera that has been in development for more than two years.

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STOVL Jet Prepares for Vertical Landing

STOVL Jet Prepares for Vertical Landing
march 11, 2010 4:39:00 PM

NAVAL AIR STATION PATUXENT RIVER, Md, -- The first Lockheed Martin [NYSE:LMT] F-35B Lightning II stealth fighter passes overhead at 40 knots (46 mph) prior to a slow landing at Naval Air Station Patuxent River, Md., on Wednesday, March 10. The flight was one of the last missions before the aircraft's first vertical landing, and confirmed the jet's power and controllability at very low speeds. The aircraft's short takeoff/vertical landing (STOVL) propulsion system generates more than 41,000 pounds of vertical thrust, and enables airspeeds from zero to Mach 1.6. The F-35B will be flown by the United States Marine Corps, the United Kingdom's Royal Air Force and Royal Navy, and the Italian Air Force and Navy. It will be capable of operating from small ships and austere bases near front-line combat zones. F-35 Lead STOVL Pilot Graham Tomlinson was at the controls for Wednesday's flight.

F-35 and Lightning II are trademarks of Lockheed Martin Corporation.

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Lockheed Martin C-5M Super Galaxy Is ‘Effective, Suitable and Mission Capable’ for USAF Operations — Press Release

Lockheed Martin C-5M Super Galaxy Is ‘Effective, Suitable and Mission Capable’ for USAF Operations

MARIETTA, Ga., March 9 /PRNewswire/ — The Air Force Operational Test and Evaluation (OT&E) Center has rated the C-5M as “effective, suitable and mission capable” based on results from OT&E testing completed in January 2010.

The OT&E phase spanned four months, evaluating various performance aspects to validate the capability and reliability of the C-5M. These positive test results enable the Super Galaxy to continue to support critical missions flown in support of world-wide operational contingencies.

“The C-5M test was a resounding success because of teamwork between the test team, the user, the contractor and the program office,” said Col. John Scorsone, Director of Test and Evaluation for Air Mobility Command. “The integrated test team will now transition to an integrated fielding team which will build on past relationships to help this program achieve even more record-breaking results.”

In addition to setting 42 world records last year, the C-5Ms delivered needed cargo to the warfighter during OT&E and continue to perform combat support missions today. Performance during OT&E proved the modernized A and B models of the C-5 are redefining strategic airlift for the military and will be a force multiplier for decades to come.

Payload and range improvements in the C-5M enable a fully loaded aircraft to fly unrefueled for more than 5,000 miles and bypass traditional en route stops. This not only saves thousands of gallons of fuel, but decreases the amount of time needed to get precious cargo to the warfighter’s destination.

“The C-5M is a game-changer and we are excited about the world record-breaking capabilities it provides those protecting freedom across the globe,” said Lorraine Martin, Lockheed Martin C-5 program vice president. “We greatly appreciate the dedication and exceptional work of the Air Force active and reserve crews flying and maintaining the C-5M during OT&E.”

Current USAF plans call for 52 fully-modernized C-5Ms by 2016 with the next delivery scheduled for September 2010 to Dover Air Force Base, Del.

Headquartered in Bethesda, Md., Lockheed Martin (NYSE:LMT) is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2009 sales of $45.2 billion.

For additional information, visit our Web site:

http://www.lockheedmartin.com/

Source: Lockheed Martin Aeronautics Company

Lockheed To Begin Production Of New Radars For E-2D Hawkeyes

The Navy awarded Lockheed Martin a contract to begin Low Rate Initial Production (LRIP) of the new radar for the E-2D carrier based Airborne Warning and Control System (AWACS) aircraft. The E-2D is an upgrade of the venerable E-2C system that has been in use for thirty years. The contract has a value of over $170 million for four radar systems.

The E-2D has begun production recently. The APY-9 has longer range and better discrimination then the previous radars on the aircraft. Once LRIP is complete with the necessary exit criteria demonstrated the system will enter Full Rate production with seventy-five systems planned.

SPAWAR Selects Lockheed Martin for Consolidated Afloat Networks and Enterprise Services Development Phase

SPAWAR Selects Lockheed Martin for Consolidated Afloat Networks and Enterprise Services Development Phase
March 8, 2010 9:09:00 AM

SAN DIEGO, -- Lockheed Martin (NYSE: LMT) has been selected for one of two initial System Development and Demonstration contracts for the Consolidated Afloat Networks and Enterprise Services (CANES) program by the U.S. Navy.

The 14-month contract for the common computing environment portion of the program is worth $15 million. Selection of a single prime contractor to complete Limited Rate Initial Production (LRIP) is anticipated in 2011.

"The Lockheed Martin team is ready to deliver an agile and affordable solution within the U.S. Navy's critical program schedule," said Karen Conti, Lockheed Martin vice president for the CANES program. "We have invested research dollars to complete the modeling of all ship platform sets and these validated designs will help us to reduce costs and remain on schedule during the design phase. CANES will increase the C4I network operational availability and improve mission effectiveness for the fleet."

The CANES program consolidates dozens of the Navy's afloat information systems networks, reducing the infrastructure size and associated costs, while increasing reliability and other capabilities to meet current and projected warfighter requirements. The CANES solution would be deployed across the Navy's 300-plus ships and shore-based sites.

The Lockheed Martin-industry led team includes General Dynamics, ViaSat, Inc., Harris Corporation and American Systems Corporation, as well as a number of small, innovative technology businesses. The team will use Lockheed Martin's Technology Collaboration Center - West (TCC-W), located on the Space and Naval Warfare Systems Command (SPAWAR) campus in Old Town, San Diego, for integration and testing of the CANES systems. TCC-W fosters small business technology development, collaboration and interface with Navy systems, in a secure, unstructured test environment, that promotes Rapid Capability Insertion for warfighters. The selection was done by the Navy's Program Executive Office for Command and Control, Communications, Computers and Intelligence (PEO C4I).

For the past sixty years, Lockheed Martin has partnered with the Navy, deploying computing and network infrastructures on every Navy ship. Lockheed Martin is leveraging the knowledge and experience gained from the Integrated Shipboard Network System (ISNS) and Q-70 programs, which have delivered more than 7,000 computing platforms across the fleet. The ISNS Increment I is considered the CANES early adopter program.

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Navy Awards Contracts To Streamline Ship Based IT

The U.S. Navy awarded Lockheed Martin and Northrop Grumman omnibus contracts to support their Consolidated Afloat Networks and Enterprise Services (CANES) program. This will look at development of new IT networks for their ships while also reviewing existing systems with a goal of reducing the number and consolidating them. Because ships take a long time to build each ship even if it is of a similar class may have updated or newer systems on board. This means that support can be fragmentary adding cost and time.

The Northrop contract is worth over $700 million and the Lockheed one almost a $1 billion if all options are exercised. Its first goal is to develop a new standardized system for use with Navy ships. To make it a harder problem this will also have to have the ability to integrate with other services systems for join operations. IT programs like this have a history of delays and cost overruns as they are hard to do. This might be an exception if the Navy locks requirements early and uses a spiral development path to add features and capabilities in discrete implements.

Lockheed Martin Receives $213 Million Contract for 20 New F-16s for Egypt

Lockheed Martin Receives $213 Million Contract for 20 New F-16s for Egypt
March 3, 2010 9:33:00 AM

FORT WORTH, Texas, -- The U.S. government has awarded an initial $213 million to Lockheed Martin (NYSE: LMT) for long-lead tasks for the production of 20 new Advanced Block 52 F-16 aircraft for Egypt.

"This is a great day for Lockheed Martin and a testament to the enduring partnership and commitment we have made to the government of Egypt. We remain committed to providing our customer with a proven, advanced 4th Generation multirole fighter," said John Larson, vice president, Lockheed Martin F-16 programs. "This marks the 53rd follow-on buy of F-16s by 14 repeat customers. The aircraft we will deliver to Egypt will join the fleet of more than 4,400 F-16s representing 25 nations."

The new aircraft order includes 16 F-16Cs and 4 F-16Ds, and will supplement the Egyptian Air Force's (EAF) existing fleet of F-16s and contribute to the modernization of the EAF. The final Egyptian F-16 under this contract will be delivered in 2013.

Egypt was the first Arab country to purchase F-16s through a Foreign Military Sales program called Peace Vector. The Egyptian Air Force received a total of 42 F-16s in its first order in 1980 and since then has purchased five more lots of aircraft, for a total of 240 F-16 Fighting Falcons.

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New Zealand Defence Force Awards Lockheed Martin 10-Year Logistics Contract — Press Release

New Zealand Defence Force Awards Lockheed Martin 10-Year Logistics Contract

ORLANDO, Fla., March 3 /PRNewswire/ — Lockheed Martin (NYSE:LMT) was awarded an initial 10-year contract valued at more than $100 million by the New Zealand Defence Force (NZDF) to provide its Army with warehousing and repair services.

The contract allows for syndication with other New Zealand agencies, including New Zealand Police, for which Lockheed Martin could also assume warehousing and facilities maintenance work. The agreement includes the maintenance, repair and overhaul of the organization’s equipment and supply chain services ranging from soldier store acquisition, such as tents and weapons, to warehouse sustainment.

The New Zealand Army is composed of 7,500 regular and reserve forces and civilian personnel. Approximately 500 NZDF personnel are deployed on multiple peacekeeping operations, United Nations missions and defence exercises around the world. The Army’s fleet of more than 500 vehicles includes NZ Light Armoured Vehicles, Pinzgauer Light Operational Vehicles, Unimogs, and transport, service and supply vehicles.

“Our goal is to ensure we provide the best possible supply service in the most cost-effective way,” said Debra Palmer, vice president of enterprise logistics solutions at Lockheed Martin’s Simulation, Training & Support business unit. “We are focused on improving the availability of equipment and supplies to sustain current operations while moving toward improved capabilities in the future.”

Lockheed Martin offers similar services to a number of military customers. These include asset management capabilities to the United Kingdom Ministry of Defence through its Joint Asset Management Engineering Solution, a program which will ultimately enable the MoD to manage its land-based equipment throughout all its services by providing an end-to-end logistics management system. In addition, Lockheed Martin supports the U.S. Marine Corps with the Embedded Platform Logistics System, and manages the supply chain for automotive parts for the U.S. military’s land-based vehicles with the Fleet Automotive Support Initiative.

The contract begins in June 2010 after a transition from the current service providers.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2009 sales of $45.2 billion.

For additional information, visit our web site: www.lockheedmartin.com

Source: Lockheed Martin

CONTACT: Media: Dana Johnson, +1-407-306-7303, dana.johnson@lmco.com

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