LOCKHEED MARTIN AWARDED CONTRACT TO PRODUCE LOW COST CONFORMAL ARRAYS FOR U.S. NAVY

LOCKHEED MARTIN AWARDED CONTRACT TO PRODUCE LOW COST CONFORMAL ARRAYS FOR U.S. NAVY

SYRACUSE, NY, September 23rd, 2008 -- Lockheed Martin [NYSE: LMT] was awarded an $8.9 million contract by the U.S. Navy to produce and support Low Cost Conformal Arrays (LCCAs) for use aboard submarines. Work will be performed at Lockheed Martin’s Syracuse, NY facility.

The LCCA is a passive planar array mounted on the aft submarine sail structure and integrated with the Acoustic Rapid COTS Insertion (A-RCI) AN/BQQ-10 sonar system. It provides situational awareness and collision avoidance for improved tactical control in high density shipping environments.

“Lockheed Martin is proud to offer the U.S. Navy a tested array design and an experienced production workforce, allowing us to transition this capability to the fleet quickly and with extremely low risk,” said Denise Saiki, vice president and general manager of Lockheed Martin’s Undersea Systems business. “We have leveraged the lessons learned from the Navy’s advanced development array to enhance performance, reduce weight and improve producibility.”

LCCA represents a significant new submarine capability and is expected to significantly improve situational awareness in the crowded littoral environment. This array will be integrated with AN/BQQ-10 sonar systems for introduction on Improved Los Angeles Class Submarines.

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 2007 sales of $41.9 billion.

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