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Lockheed Martin Awarded Contract for Aegis Weapon System Engineering Efforts
PRNewswire-FirstCall
MOORESTOWN, N.J.

Lockheed Martin announced today that it has been awarded a $164 million, four-year contract for Japanese Foreign Military Sales Aegis weapon system engineering efforts. The contract is for the Japanese Kongo-class destroyer, DDG 2317, the fifth to contain the Lockheed Martin-developed Aegis Weapon System.

"The continuing selection of the Aegis Weapon System by the Japanese Navy underscores their trust in our ability to deliver the most capable and advanced shipboard weapon system," said Fred P. Moosally, president of Lockheed Martin Naval Electronics & Surveillance Systems. "The Aegis Weapon System is a vital component of Japan's strong and ready naval defensive force."

The Aegis Weapon System includes the SPY-1 radar, the Navy's most advanced computer-controlled radar system. When paired with the MK 41 VLS, it is capable of delivering missiles for every mission and threat environment in naval warfare. The system can simultaneously track hundreds of targets while defending against multiple incoming aircraft, missiles, submarines, torpedoes and attacking ships, and automatically implement defenses to protect the fleet. Aegis is capable of countering the existing and emerging threats to a naval battle group, as well as striking inland targets.

The SPY-1 multi-function phased array radar, available worldwide to meet the mission needs for a range of ships from corvettes to aircraft carriers, provides U.S. and allied nations with the world's most advanced naval surveillance, anti-air warfare and missile defense capabilities.

The Aegis Weapon System is currently deployed on 64 Aegis-class ships on station around the globe, and 25 more ships are currently planned. In addition to the U.S. Navy and Japan, Aegis has been approved for sale to Spain, Norway and Korea.

The contract calls for combat system engineering services to include program management, system engineering, computer program development, ship integration and test, technical documentation and lifecycle support. Most of the work will take place in Moorestown, N.J. and is to be completed by March 2007. The Naval Sea Systems Command is the contracting authority.

As the leading technology solutions provider and integrator to the U.S. government, Lockheed Martin focuses on the defense, information technology and homeland security requirements of the military services and civil agencies. The Corporation's advanced technology solutions draw on world-class capabilities in systems engineering and integration, complex project management, software development and information technology. Lockheed Martin Corporation is headquartered in Bethesda, MD.

For additional information on Lockheed Martin Corporation, visit:

http://www.lockheedmartin.com/

For information on Lockheed Martin Naval Electronics & Surveillance Systems,

visit: http://ness.external.lmco.com/

SOURCE: Lockheed Martin Naval Electronics & Surveillance Systems

CONTACT: Kathy Baier of Lockheed Martin, +1-856-722-3006;
Kathleen.m.baier@lmco.com