Lockheed Martin Wins $100 Million Aegis Combat System Engineering Agent Contract

   Lockheed Martin Wins $100 Million Aegis Combat System Engineering Agent

PR Newswire

MOORESTOWN, N.J., March 5, 2013

MOORESTOWN, N.J., March 5, 2013 /PRNewswire/ --The U.S. Navy has awarded
Lockheed Martin (NYSE: LMT) a 5-year, $100 million contract to provide combat
system engineering services – including the design, development, integration,
test and life cycle support – for all Aegis-equipped ships.

Lockheed Martin has partnered with the Navy for decades as the Aegis combat
system engineering agent (CSEA), while evolving the system through nine
technology baselines to outpace a wide array of dynamic and evolving threats.

"This program award validates Lockheed Martin as the Navy's choice for combat
management systems," said Dale P. Bennett, executive vice president of
Lockheed Martin's Mission Systems and Training. "Our team met the Navy's
challenge to reduce costs and drive innovation into Aegis CSEA by increasing
productivity, utilizing automated testing and analysis and increasing the role
of small businesses."

Aegis is the world's premier combat system and is the foundation for the Aegis
Ballistic Missile Defense capability. Aegis-equipped ships are multi-mission
surface combatants that can simultaneously attack land targets, submarines and
surface ships while automatically implementing defenses to protect the fleet
against aircraft and missiles.

Aegis is also the combat system of choice for the navies of Australia, Japan,
Norway, the Republic of Korea and Spain. More than one hundred Aegis-equipped
ships are in service around the globe. They have more than 1,200 years of
at-sea operational experience and have launched more than 3,800 missiles in
tests and real-world operations.

Lockheed Martin is a leader in combat systems integration and the development
of integrated air and missile defense systems and technologies. The company
makes significant contributions to most major U.S. missile defense systems and
participates in several global missile defense partnerships.

Lockheed Martin developed its CSEA offering with its partners Mission
Solutions Engineering, General Dynamics Advanced Information System and
Integrated Defense Technologies.

Lockheed Martin will perform the CSEA work at its Moorestown, N.J. facility.

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 web site:

SOURCE Lockheed Martin

Website: http://www.lockheedmartin.com
Contact: Keith Little, +1-202-302-3735, e-mail: keith.little@lmco.com
Press spacebar to pause and continue. Press esc to stop.