The U.S. Navy awarded a contract valued at up to $43 million to Lockheed Martin to continue in its role as design agent for the MK92 Fire Control System supporting the U.S. Navy, U.S. Coast Guard and international customers.

The MK92 system provides integrated X-band radar surveillance, target tracking and weapon fire control capability for naval gun and missile applications. More than 125 shipboard systems have been produced and the system is currently deployed in nine different navies around the world. It has been installed on more than 70 Oliver Hazard Perry class frigates, as well as a variety of other surface ships including Coast Guard cutters, corvettes and fast attack craft.

"The MK92 program has had a long history here in Moorestown," said Congressman Jim Saxton, a ranking member of the House Armed Services Committee. "It supports a number of jobs locally, but equally important, it provides naval security to both our Navy and Coast Guard, and our allies' fleets around the world as well."

Under the contract, Lockheed Martin will provide MK92 baseline design support, computer program maintenance and hardware production and support for the deployed systems. The contract will also support international MK92 projects under the U.S. Navy Foreign Military Sales program.

"With this contract, we will continue three decades of MK92 support to U.S. Navy, U.S. Coast Guard and international customers," said Stan Ozga, Lockheed Martin MS2's director for Naval Radar Programs. "The modernization and support work performed on this contract will enhance war-fighter capabilities and ensure continued interoperability with key allies."

Headquartered in Bethesda, MD, Lockheed Martin employs about 135,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

For additional information on Lockheed Martin Corporation, visit:

http://www.lockheedmartin.com/

SOURCE: Lockheed Martin