Lockheed Martin Receives $161 Million In Contracts For Apache M-TADS/PNVS Upgrades

Wed Feb 13, 2013 9:30am EST

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ORLANDO, Fla.,  Feb. 13, 2013  /PRNewswire/ -- Lockheed Martin [NYSE: LMT] has
received two production contracts totaling  $161.7 million  from the U.S. Army
to continue upgrades of the  Modernized Target Acquisition Designation
Sight/Pilot Night Vision Sensor  (M-TADS/PNVS) program for the Apache attack
helicopter.

The Lot 2 and Lot 3 contracts include 482  Modernized Day Sensor Assembly 
(M-DSA) Modernized Laser Rangefinder Designator (M-LRFD) kits and spares. The
U.S. Army ordered 92 M-DSA M-LRFD kits and spares for Lot 1 in  February 2012,
and the first of those units will be delivered in early 2013.

With the addition of these contracts, production at Lockheed Martin Missiles and
Fire Control's facilities in  Ocala  and  Orlando, Fla., will be sustained
through third quarter 2016.

"These two production lots represent our continued confidence in Lockheed Martin
Missiles and Fire Control to provide a high performing, high quality, reliable
LRFD for the AH-64D/E," said Lt. Col.  Steve Van Riper, U.S. Army product
manager of Apache Sensors. "We look forward to our first delivery and subsequent
fielding of this capability."

"M-DSA M-LRFD kits reduce ongoing obsolescence while significantly increasing
system performance," said  Matt Hoffman, director of M-TADS/PNVS programs at
Lockheed Martin Missiles and Fire Control. "These contracts demonstrate the
customer's commitment to ensuring our soldiers have superior capabilities as
they carry out their missions."

Lockheed Martin Missiles and Fire Control is a 2012 recipient of the U.S.
Department of Commerce's Malcolm Baldrige National Quality Award for performance
excellence. The  Malcolm Baldrige  Award represents one of the highest honors
that can be awarded to American companies for achievement in leadership,
strategic planning, customer relations, measurement, analysis, workforce
excellence, operations and business results.

Headquartered in  Bethesda, Md., Lockheed Martin is a global security and
aerospace company that employs about 120,000 people worldwide and is principally
engaged in the research, design, development, manufacture, integration and
sustainment of advanced technology systems, products and services.  The
Corporation's net sales for 2012 were  $47.2 billion.

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

SOURCE  Lockheed Martin


Media, Melissa Hilliard, +1-407-356-5351, melissa.hilliard@lmco.com

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