Lockheed Martin has won a new contract to manage the Field Logistics Readiness Center (FLRC) at Fort Bragg, North Carolina. The contract is valued at $203 million over a five year period of performance and was awarded under the Field & Installation Readiness Support Team (FIRST) contract vehicle.

At the Fort Bragg FLRC, Lockheed Martin will provide Army Forces Command (FORSCOM) units and the Army Materiel Command (AMC) with maintenance, material, and logistics services for troops serving both in the United States and overseas. The specific tasks that Lockheed Martin will perform include maintenance and repair on wheeled vehicles, weapons, power generation equipment, and engineering equipment for the Army Sustainment Command and 406th Training Support Brigade.

"Lockheed Martin is honored to be supporting the U.S. Army through the Fort Bragg Field Logistics Readiness Center" said Carey Smith, Vice President of Lockheed Martin Technical Services, "The FLRC provides critical logistics augmentation to Fort Bragg and the surrounding area. We look forward to delivering the responsiveness and flexibility that the U.S. Army requires and we're glad the Army put its trust in Lockheed Martin for this important work."

The contract for operating the Fort Bragg FLRC expands Lockheed Martin's already significant role in Army logistics. The Corporation already is at work operating the Field Logistics Readiness Centers at Fort Stewart and Fort Benning, Georgia.

Lockheed Martin provides logistics and sustainment services to military and government agencies worldwide, and has a global network of people, facilities, suppliers and partners supporting 24x7 operations.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

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

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SOURCE: Lockheed Martin