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Lockheed Martin and IERUS Technologies Partner Under DoD Mentor-Protege Program



   Lockheed Martin and IERUS Technologies Partner Under DoD Mentor-Protege
                                   Program

PR Newswire

HUNTSVILLE, Ala., Nov. 7, 2012

HUNTSVILLE, Ala., Nov. 7, 2012 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and
IERUS Technologies Inc. today announced that they have signed a three-year
agreement under the Department of Defense (DoD) Mentor-Protégé Program. 

The Mentor-Protégé Program encourages prime contractors to serve as mentors in
developing the technical and business capabilities of small businesses.
Through this program, Lockheed Martin Space Systems Company will assist IERUS
Technologies in further developing its government contract accounting system,
quality and procurement processes and export control processes.

IERUS Technologies has supported Lockheed Martin since 2010 as a subcontractor
and is a part of the Lockheed Martin-led industry team bidding for the U.S.
Missile Defense Agency's Medium-range Ballistic Missile Targets contract.
Lockheed Martin has an unmatched 98-percent success rate in 43 out of 44
target missions since 1996, including legacy and next-generation ballistic
missile targets for missile defense testing.   

"Lockheed Martin selected IERUS Technologies as a protégé company because of
its outstanding innovation and performance, as well as its radio frequency and
radar technology capabilities," said Dr. Patricia Dare, director of Targets
and Countermeasures, Lockheed Martin Space Systems. "We look forward to
helping this small business expand, while strengthening our supplier base." 
  

Said Jason Keen, president, IERUS Technologies, "This relationship with
Lockheed Martin promises to assist our business in key areas, such as quality,
export control and contracts, that will position us for growth within missile
defense and other markets, providing enablers for success on opportunities
such as the Upgraded Early Warning Radar-Cobra Dane Testing and other
contracts."

IERUS Technologies, with headquarters in Huntsville and offices in Atlanta,
employs approximately 20 people. IERUS provides systems engineering and
program management support in the defense and commercial sectors, specializing
in global optimization, radio frequency spectrum technologies and software
acceleration. The U.S. Small Business Administration has certified IERUS as a
Historically Underutilized Business Zone (HUBZone) business.        

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.

Media Contacts: 
Lynn Fisher, 408-742-7606; lynn.m.fisher@lmco.com
Michael Roesch, 256-217-6673; Michael.Roesch@ierustech.com 

Approved for Public Release: 12-MDA-7063 (1 November 12)

SOURCE Lockheed Martin

Website: http://www.lockheedmartin.com
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