Lockheed Martin Renews Support for Spirit of Innovation Challenge

      Lockheed Martin Renews Support for Spirit of Innovation Challenge

PR Newswire

HOUSTON, Dec. 11, 2012

For third consecutive year, global security and aerospace company works with
teens to nurture and develop an innovation generation

HOUSTON, Dec. 11, 2012 /PRNewswire-USNewswire/ -- Nancy Conrad, founder and
chairman of theConrad Foundation, announced today that theLockheed Martin
Corporationrenewed its support as a Spirit of Innovation Challenge Corporate
Partner. This is the third year the company will champion the aerospace &
aviation category of the annual innovation competition.

The Spirit of Innovation Challenge invites teams of high school students from
around the world to use their science, technology, engineering and math (STEM)
skills to develop commercially viable products and servicesto address issues
of global sustainability for the benefit of humanity. The Spirit of Innovation
Challengeoffers teachers, parents and afterschool coordinators a relevantand
dynamic way to teach STEM. Supporting the teams' efforts are world-renowned
scientists, engineers, and entrepreneurs who work with the students as virtual
mentors.

"We want to inspire students to take theoretical learning from the classroom
and apply this knowledge to hands-on experimentation," said Dr. Ray O.
Johnson, Lockheed Martin senior vice president and chief technology officer.
"Our company's 100-year legacy of innovation is reflected in the principles of
the Conrad Foundation. We are proud to work with this organization and these
students who represent the bright future of our nation's workforce."

The 2012-2013 Spirit of Innovation Challenge launched in September 2012, and
student teams are currently working through the semi-final stage of the
competition. Examples of this year's aerospace & aviation innovations include:
a software program that assists aerial fire-fighting vehicles in combating
wildfires; an adaptive leading edge droop for light sport aircraft; and a
multi-layered, flexible shielding for space exploration vehicles, space
stations, and planetary bases. Additionally, teams are tackling issues such as
space debris mitigation, stealth reconnaissance hovercraft, and unmanned
aerial vehicle innovation.

This year's finalist teams will be selected in February and will meet in April
2013 at NASA Johnson Space Center in Houston for the annual Innovation Summit
and the selection of the Pete Conrad Scholars. Winning teams in each category
receive $10,000 in next-step grants to develop their products and services.

Visitwww.conradawards.orgto obtain the latest information on the
competition, registration deadlines, and more.

About the Conrad Foundation
The Conrad Foundation is a not-for-profit organization dedicated to 21^st
century, immersive learning, where students use their imagination and
innovation to enrich their classroom studies by adding context to content. The
Foundation is the only organization of its kind whose programs combine
education, innovation and entrepreneurship to inspire solutions for achieving
global sustainability. For more information, visitwww.conradfoundation.org.

About Lockheed Martin
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 and
integration and sustainment of advanced technology systems, products and
services. The corporation's net sales for 2011 were $46.5 billion.

Media Contact:
Carrie Taylor
Conrad Foundation
Carrie.taylor@conradawards.org
281-245-3361

SOURCE Conrad Foundation
 
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