Lockheed Martin Receives $255 Million U.S. Army Contract For Guided MLRS Rocket Production

   Lockheed Martin Receives $255 Million U.S. Army Contract For Guided MLRS
                              Rocket Production

PR Newswire

DALLAS, March 13, 2014

DALLAS, March 13, 2014 /PRNewswire/ --Lockheed Martin (NYSE: LMT) received a
$255 million contract in late 2013 from the U.S. Army for Lot 9 production of
the Guided Multiple Launch Rocket System (GMLRS) Unitary rocket.

The new allotment of rockets will be delivered to the U.S. Army, Marine Corps
and Republic of Italy. Delivery will begin in April 2015. Work will be
performed at the Lockheed Martin facilities in Camden, Ark., and Dallas,
Texas.

"We are proud of the continued confidence our customers place in Lockheed
Martin," said Ken Musculus, vice president of tactical missiles at Lockheed
Martin Missiles and Fire Control. "Guided MLRS is a weapon that is trusted
and proven in combat, and we will continue to deliver a reliable product."

GMLRS is an all-weather rocket designed for fast deployment that delivers
precision strike beyond the reach of most conventional weapons. GMLRS Unitary
rockets greatly exceed the required combat reliability rate and have
established a reputation for affordability.

In combat operations, each GMLRS rocket is packaged in an MLRS launch pod and
is fired from the Lockheed Martin HIMARS or M270 family of launchers. GMLRS is
an international cooperative program among the U.S., France, Germany, Italy
and the United Kingdom. Other international customers include Japan, Jordan,
Singapore and the United Arab Emirates.

Lockheed Martin has produced more than 25,000 GMLRS rockets at its facility in
Camden, Ark. The facility has received more than 60 awards over the last
decade, including the 2012 Malcolm Baldrige National Quality Award and the
Shingo Silver Medallion Award for Operation Excellence. 

Headquartered in Bethesda, Md., Lockheed Martin is a global security and
aerospace company that employs approximately 115,000 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 2013 were $45.4 billion.

For additional information, visit our website:
http://www.lockheedmartin.com

SOURCE Lockheed Martin

Website: http://www.lockheedmartin.com
Contact: Melissa Hilliard, 407-356-5351, melissa.hilliard@lmco.com
 
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