LOCKHEED MARTIN RECEIVES $20 MILLION CONTRACT FROM
C-130J OPERATORS TO ADVANCE AIRCRAFT’S CAPABILITIES
5 November 2003
MARIETTA, Ga. (Nov.
5, 2003) - The U. S. Department of
Defense, the Royal Air Force, the
Italian Air Force and the Royal
Australian Air Force have signed a
contract with Lockheed Martin [NYSE:
LMT] valued at approximately $20
million to collaborate on defining a
C-130J avionics and hardware block
upgrade program. With more than 100
C-130Js now in service worldwide,
the operators are seeking to
maximize the inherent potential of
the aircraft. The C-130J is at the
leading edge of transport aircraft
technology, and as such, operators
flying the aircraft want to be fully
engaged in the spiral development of
future capabilities.
Known as Cooperative Systems and
Software Upgrade Requirements
Management (COSSURM), the three-year
program will ensure that
enhancements and upgrades to areas
such as radio communications,
aircraft diagnostics displays and
collision avoidance systems will be
shared across the user community. It
is likely that other C-130J
operators will sign on to the
COSSURM program as they receive
their aircraft, and future customers
will join COSSURM in turn.
“The C-130J operators are really
starting to see the tremendous
benefits of this new aircraft and
the advantages of teaming on
capability expansion,” said Ross
Reynolds, vice president of the
Lockheed Martin C-130J program. “The
operators and maintainers will bring
insight to this program as they have
firsthand knowledge, based on
deployment experience, of what is
most needed and when.”
A total of 105 C-130Js have been
delivered to date for the U.S. Air
Force, Air National Guard and Air
Force Reserve Command; the U.S.
Marine Corps; the Royal Air Force;
the Italian Air Force; the Royal
Australian Air Force; the U.S. Coast
Guard; and the Royal Danish Air
Force.
BACKGROUND INFORMATION 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-27J, C-130,
C-130J, P-3, S-3 and U-2.
Headquartered in Bethesda, Md.,
Lockheed Martin Corp. employs about
125,000 people worldwide and is
principally engaged in the research,
design, development, manufacture and
integration of advanced technology
systems, products and services. The
corporation reported 2002 sales of
$26.6 billion.
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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 For
additional information, visit our
Web sites:
http://www.lockheedmartin.com/
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