Lockheed Martin Receives $161 Million In Contracts For Apache M-TADS/PNVS Upgrades

  Lockheed Martin Receives $161 Million In Contracts For Apache M-TADS/PNVS

PR Newswire

ORLANDO, Fla., Feb. 13, 2013

ORLANDO, Fla., Feb. 13, 2013 /PRNewswire/ --Lockheed Martin [NYSE: LMT] has
received two production contracts totaling $161.7 million from the U.S. Army
to continue upgrades of the Modernized Target Acquisition Designation
Sight/Pilot Night Vision Sensor (M-TADS/PNVS) program for the Apache attack

The Lot 2 and Lot 3 contracts include 482 Modernized Day Sensor Assembly
(M-DSA) Modernized Laser Rangefinder Designator (M-LRFD) kits and spares. The
U.S. Army ordered 92 M-DSA M-LRFD kits and spares for Lot 1 in February 2012,
and the first of those units will be delivered in early 2013.

With the addition of these contracts, production at Lockheed Martin Missiles
and Fire Control's facilities in Ocala and Orlando, Fla., will be sustained
through third quarter 2016.

"These two production lots represent our continued confidence in Lockheed
Martin Missiles and Fire Control to provide a high performing, high quality,
reliable LRFD for the AH-64D/E," said Lt. Col. Steve Van Riper, U.S. Army
product manager of Apache Sensors. "We look forward to our first delivery and
subsequent fielding of this capability."

"M-DSA M-LRFD kits reduce ongoing obsolescence while significantly increasing
system performance," said Matt Hoffman, director of M-TADS/PNVS programs at
Lockheed Martin Missiles and Fire Control. "These contracts demonstrate the
customer's commitment to ensuring our soldiers have superior capabilities as
they carry out their missions."

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 achievement in
leadership, strategic planning, customer relations, measurement, analysis,
workforce excellence, operations and business results.

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 2012 were $47.2 billion.

For additional information, visit our website:

SOURCE Lockheed Martin

Website: http://www.lockheedmartin.com
Contact: Media, Melissa Hilliard, +1-407-356-5351, melissa.hilliard@lmco.com
Press spacebar to pause and continue. Press esc to stop.