Lockheed Martin JLTV Undergoes Successful Design Review

           Lockheed Martin JLTV Undergoes Successful Design Review

PR Newswire

DALLAS, Jan. 17, 2013

DALLAS, Jan. 17, 2013 /PRNewswire/ --Lockheed Martin's (NYSE: LMT) family of
Joint Light Tactical Vehicles successfully completed a top-to-bottom
government design review in late December, well ahead of the first Engineering
and Manufacturing Development (EMD) JLTVs that will begin rolling off the
assembly line this spring.

The Design Understanding Review, which was held December 18 through 20,
assessed all elements of Lockheed Martin's JLTV design and confirmed its
overall maturity and requirements compliance.

"We are focused on ensuring that our servicemen and women get the very best
equipment for the mission," said Scott Greene, vice president of Ground
Vehicles for Lockheed Martin Missiles and Fire Control. "Our JLTV is
affordable both to buy and to operate. It provides proven performance with
room to upgrade capabilities as required and is ready for production."

In refining its EMD design, the Lockheed Martin team optimized a JLTV model
already proven in government testing. The production-enhanced JLTV maintains
the proven force protection, transportability and reliability of the earlier
Technology Demonstration model, while significantly reducing weight and cost.
Lockheed Martin's JLTV design reflects improvements from more than 160,000
combined testing miles.

The JLTV family of vehicles is designed to replace and supplement the existing
fleet of Army and Marine Corps Humvees. Compared to existing vehicles, JLTV
will provide greatly improved crew protection, lower logistical support costs,
superior fuel efficiency and state-of-the-art connectivity with other
platforms and systems. Government tests show the Lockheed Martin design equals
the high blast-protection standards of much larger mine-resistant vehicles
serving in combat today.

In August 2012, Lockheed Martin received a $65 million contract from the Army
and Marine Corps to continue developing its JLTV design through the EMD phase.
Assembly of the first EMD JLTVs is under way at BAE Systems' military-vehicle
manufacturing plant in Sealy, Texas.

Lockheed Martin Missiles and Fire Control is a 2012 recipient of the U.S.
Department of Commerce's Malcolm Baldrige National Quality Award for
performance excellence. The Malcolm Baldrige Award represents one of the
highest honors that can be awarded to American companies for their
achievements in leadership, strategic planning, customer relations,
measurement, analysis, workforce excellence, operations and results.

Headquartered in Bethesda, Md., Lockheed Martin is a global security 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, visit our website:
http://www.lockheedmartin.com

SOURCE Lockheed Martin

Website: http://www.lockheedmartin.com
Contact: Craig Vanbebber, +1-972-603-1615, craig.vanbebber@lmco.com
 
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