U.S. Navy Awards Lockheed Martin $57 Million Contract To Upgrade Electronic Warfare Ship Defense System

 U.S. Navy Awards Lockheed Martin $57 Million Contract To Upgrade Electronic
                         Warfare Ship Defense System

PR Newswire

SYRACUSE, N.Y., April 1, 2013

SYRACUSE, N.Y., April 1, 2013 /PRNewswire/ --The U.S. Navy awarded Lockheed
Martin (NYSE: LMT) a $57 million contract to upgrade the fleet's electronic
warfare defenses against anti-ship missile threats.

Under this low-rate production contract for Block 2 of the Navy's Surface
Electronic Warfare Improvement Program (SEWIP), Lockheed Martin will upgrade
the AN/SLQ-32(V)2 system found on all U.S. aircraft carriers, cruisers,
destroyers and other warships with key capabilities to determine if the
electronic sensors of potential foes are stalking the ship.

"The SEWIP Block 2 upgrade will ensure the AN/SLQ-32 system continues to
outpace the threat and establishes a framework to easily install future
upgrades," said Joe Ottaviano, SEWIP program director for Lockheed Martin
Mission Systems and Training. "The system is the first sensor to be fully
compliant with the Navy's Product Line Architecture strategy, which
facilitates the rapid introduction of new technology into the fleet. By using
commercial-off-the-shelf components, we provide additional cost savings and
ease of maintenance for sailors."

Block 2 is the latest in an evolutionary succession of improvement "blocks"
the Navy is pursuing for its shipboard electronic warfare system, which will
incrementally add new defensive technologies and functional capabilities. The
Navy competitively awarded Lockheed Martin a contract in 2009 to develop SEWIP
Block 2 and the company recently completed successful integration and test
activities for two engineering development models.

Work on the SEWIP program will be performed at the company's Syracuse, N.Y.
facility, which houses a new electronic warfare system test facility.

In January 2012, Lockheed Martin teamed with Raytheon Company, the original
developer of the AN/SLQ-32, to pursue the Navy's competitive SEWIP Block 3
program, which will upgrade the system's electronic attack electronic warfare
capabilities. The team demonstrated its potential Block 3 solution at last
summer's multi-national Rim of the Pacific naval exercises. A formal Navy
request for Block 3 proposals is anticipated later this year.

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.

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SOURCE Lockheed Martin

Website: http://www.lockheedmartin.com
Contact: Media: Rashi Ratan, 571-357-6359, rashi.ratan@lmco.com
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