Lockheed Martin Celebrates Golden Anniversary In Huntsville And Commitment To Innovation

Lockheed Martin Celebrates Golden Anniversary In Huntsville And Commitment To
                                  Innovation

PR Newswire

HUNTSVILLE, Ala., May 1, 2013

HUNTSVILLE, Ala., May 1, 2013 /PRNewswire/ --Lockheed Martin [NYSE: LMT]
today commemorated 50 ^ years of operations in Huntsville, Ala., with a
celebration attended by approximately 1,000 people, including Lockheed Martin
employees and retirees, government and military personnel, industry partners
and community members.

John Holly, vice president of Missile Defense Systems and deputy for Strategic
and Missile Defense Systems, Lockheed Martin Space Systems Company, led the
ceremony. Government and community officials participating in the ceremony
included U.S. Rep. Mo Brooks, Huntsville Mayor Tommy Battle and Madison County
Commissioner Dale Strong.

"A commitment to innovation in developing defense technologies to meet
military needs inspired Lockheed Martin to establish a facility in Huntsville
five decades ago," said Holly. "We now embark on our next 50 years in
Huntsville with the same commitment and dedication to innovation and
excellence."

A half-century ago, Dr. Werhner Von Braun, who was the director of the NASA
Marshall Space Flight Center, proposed the idea of a Lockheed Martin presence
in Huntsville. The company accepted the invitation to expand to "Rocket City,"
purchased a large parcel of land and broke ground May 22, 1963, on the
construction of its first building on Bradford Drive.

Two decades later, the Huntsville facility played a key role in Lockheed
Martin's development of the U.S. Army's Homing Overlay Experiment Vehicle. The
vehicle made history June 10, 1984, with the world's first hit-to-kill missile
intercept outside the atmosphere, destroying a test missile above the Pacific
Ocean. The hit-to-kill missile defense technology has since been proven in
more than 70 successful intercepts in combat and testing.

Today, approximately 800 employees work on Lockheed Martin Space System
Company's 57-acre campus on Bradford Drive in Cummings Research Park, which
now houses nine buildings, including the first structure constructed 50 years
ago. The complex performs program management and engineering for key missile
defense contracts, including the Missile Defense Agency's Terminal High
Altitude Area Defense and Targets and Countermeasures programs, battle
management for the Medium Extended Air Defense System and a number of other
battle management programs.

Lockheed Martin Space Systems Company's legacy in Huntsville also includes
joining the NASA Marshall Space Flight Center team in 1973 that revolutionized
human space flight as a prime contractor on the Space Shuttle program.
Spanning four decades, Lockheed Martin's production, design and process
innovations on the shuttle's External Tank significantly increased flight
payload capacity for shuttle missions by almost 20 percent, enabling
deployment of critical national security payloads, as well as the Hubble Space
Telescope and construction of the International Space Station. Today, the
company provides engineering and technical support to the Marshall Environment
Test Complex.

The establishment of the Huntsville facility in 1963 is one of the landmarks
in the 100-year history of the Lockheed Martin Corporation, which began with
the founding of the Glenn L. Martin Company Aug. 16, 1912, in Los Angeles,
Calif., and the establishment of the Alco Hydro-Aeroplane Company Dec. 19,
1912, in San Francisco, Calif., by Allan and Malcolm Loughead. The
corporation's centennial commemoration, "100 Years of Accelerating Tomorrow,"
continues through the summer of 2013, during which time the company is
highlighting 100 stories from its history at www.lockheedmartin.com/100years.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and
aerospace company that employs about 118,000 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.

Media Contact:

Lynn Fisher, 408-742-7606; lynn.m.fisher@lmco.com

For more information: www.lockheedmartin.com

SOURCE Lockheed Martin

Website: http://www.lockheedmartin.com