Lockheed Martin’s
Multi-Mission Maritime Aircraft Solution Is Right for Many
Countries
19 June 2003
PARIS, June 19, 2003 - Lockheed
Martin [NYSE: LMT] officials said today at the
Paris Air Show that the company’s solution to
meet the U.S. Navy’s requirement for a new
maritime patrol aircraft also presents a low
risk solution to countries looking to upgrade or
acquire maritime patrol capability.
“Using the approach we are formulating for
the U.S. Navy, we will have a maritime patrol
platform that far and away represents the most
cost-effective low risk solution for many
countries” said Ted Samples, vice president,
Lockheed Martin Special Mission and
Reconnaissance Aircraft Programs. “Our
unparalleled expertise in maritime patrol gives
us tremendous insight into many countries’
requirements. We have an affordable, low risk,
readily executable program which will more than
meet their needs and will be fully mission
capable.”
The Lockheed Martin MMA solution is a
transformational weapon system consisting of
three primary elements: a weaponized aircraft
derived from the proven P-3 Orion; a
state-of-the-art mission system that meets all
MMA mission requirements today with ample growth
capability for the future; and an integrated
support system providing high availability at
dramatically reduced operation and support (O&S)
costs.
In February of this year Lockheed Martin
received a $20.5 million Naval Air Systems
Command contract for Phase II of the Component
Advanced Development (CAD) portion of the Navy’s
Multi-mission Maritime Aircraft program. Last
September, the company received a $7 million
contract for Phase I CAD work. This CAD Phase II
award is for 14 months, with work to be finished
in April of 2004.
Lockheed Martin Aeronautics Co., a business
area of Lockheed Martin, is a leader in the
design, development, systems integration,
production and support of advanced military
aircraft and related technologies. Its customers
include the military services of the United
States and allied countries throughout the
world. Products include the F-16, F/A-22, F-35
JSF, F-117, T-50, C-5, C-130, C-130J, P-3, S-3
and U-2.
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Media Contacts:
Peter Simmons, 770-494-6208; e-mail,
peter.e.simmons@lmco.com
Sam Grizzle, 770-494-3211;
e-mail, sam.c.grizzle@lmco.com
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