Lockheed Martin Wins $114 Million Contract to Enhance Combat Vehicle Training

Lockheed Martin Wins $114 Million Contract to Enhance Combat Vehicle Training

PR Newswire

ORLANDO, Fla., Oct. 29, 2012

ORLANDO, Fla., Oct. 29, 2012 /PRNewswire/ -- The U.S. Army competitively
awarded Lockheed Martin (NYSE: LMT) a $114 million, five-year contract to
upgrade combat vehicle simulators for soldier training and to expand the
training capability for the Marine Corps.

Lockheed Martin will develop and install 13 upgrades for close combat tactical
training systems at 19 Army installations.The new technologies will add
integrated displays and replicate tactical vehicle capabilities identical to
those now entering the field. The enhancements will be fielded starting in
February 2013. 

In addition to the upgrades for the Army, Lockheed Martin will deliver new
training systems to the Marine Corps at Camp Lejeune, N.C., providing
commonality across services.

"The training systems provide an immersive, safe environment to prepare our
military's men and women for combat, and the upgrades extend capability and
service life of the Army's original investment in the program," said Jim
Weitzel, vice president of training solutions for Lockheed Martin's Global
Training and Logistics business. "For the Marines, we're able to apply current
system development and sustainment as they add this training capacity to
maintain readiness in a changing battlespace."

Engineering work for the training systems will be performed in Orlando, Fla.
Since 1992, Lockheed Martin has developed and delivered more than 400 systems
to Army installations for realistic training on Abrams tanks and Bradley
fighting vehicles.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and
aerospace company that employs about 120,000 people worldwide and is
principally engaged in the research, design, development, manufacture,
integration and sustainment of advanced technology systems, products and
services. The corporation's net sales for 2011 were $46.5 billion.

For additional information about Lockheed Martin, visit our website:

SOURCE Lockheed Martin

Website: http://www.lockheedmartin.com
Contact: Sharon Parsley, +1-407-306-2646, sharon.parsley@lmco.com
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