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Monday, February 18, 2008

Lockheed Martin Showcases Proven Performance, Global Partnerships and Innovation at DEFEXPO INDIA 2008

BETHESDA, Md., Feb. 18 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today highlighted its proven systems performance, global partnerships and innovative initiatives during a series of executive briefings at India's largest Land and Naval Systems exhibition, DEFEXPO INDIA 2008.

Company executives emphasized the continued success and performance of the Corporation's internationally fielded, combat-proven systems such as the F-16, C-130J Super Hercules, PAC-3 Missile and Sniper Advanced Targeting Pod. The Corporation's Maritime capabilities, as well as advanced C4ISR net-centric capabilities were also touted. Additionally, the briefings focused on expanding the Corporation's customer base through international partnerships, as well as corporate investments in international innovation programs, such as the recently built-Lockheed Martin Ambar Jyoti Net Centric Operations Centre located in Gurgaon, India.

"We are matching our corporate breadth to customer requirements, and developing industrial partnerships for global growth," said Rick Kirkland, Lockheed Martin President, South Asia. "We have established a long-term presence in India with the opening of our India subsidiary, Lockheed Martin India Pvt. Ltd. Former U.S. Ambassador, Douglas A. Hartwick is the Chief Executive of Lockheed Martin India Pvt. Ltd. and has the mission to support Indian defense and government agencies through global partnerships and presence in world markets."

Additionally, the Corporation has demonstrated its commitment to India through programs like the Lockheed Martin India Innovation Growth Program, now in its second year, helping Indian entrepreneurs and their technologies succeed in the global marketplace.

    Lockheed Martin DEFEXPO INDIA 2008 briefing synopsys:

    --  F-16IN and C-130J Super Hercules: The Best Choices for India
        Highlights: The F-16 and C-130J Super Hercules have delivered
        world-class capabilities to our customers for over twenty years and
        will continue to do so for the Indian and Asia Pacific region. The
        F-16 is the most proven multi role fighter available today. It has
        logged millions of flight hours under the full range of climatic
        conditions and operational environments and has forged unsurpassed
        successful partnerships. The C-130J Super Hercules airlifter's
        capabilities have been proven in special missions, humanitarian relief
        and military operations worldwide.

    --  Battle Proven Solutions for Modern Warfare and National Defense
        Highlights: The Corporation also highlighted its targeting and
        precision engagement systems and tracking devices. PAC-3, Sniper
        Targeting Pod and HELLFIRE II are internationally fielded,
        combat-proven solutions for layered missile defense, advanced fire
        control systems, tactical missiles and precision engagement systems.
        The PAC-3, Sniper Targeting Pod and combat-proven HELLFIRE II missile
        have all been used in Operation Iraqi Freedom.

    --  Maritime Capabilities Highlights:  Lockheed Martin Maritime Systems &
        Sensors has a broad portfolio of system-of-systems capabilities and
        expertise. Capabilities include Integrated Platform Management
        Systems, Deep Submergence Vehicles, Persistent Border Surveillance,
        and the Aegis Combat Management System. Lockheed Martin Maritime
        Systems & Sensors provides surface, air, and undersea applications on
        more than 460 programs for U.S. military and international customers
        in nearly 50 nations. Its portfolio of capabilities includes advanced
        platforms; homeland security; integrated warfare systems; lifetime
        support, logistics and training; missile defense; network centric
        systems; sensors and surveillance; and systems integration.

    --  Net-Enabled Command and Control Highlights: The Corporation also
        focused on its global capabilities in net-centric tactical command,
        control, communications, computers, intelligence, surveillance and
        reconnaissance (C4ISR) technologies. These technologies can be used to
        address immediate and evolving military requirements and have been
        used in regional and national emergency operations across the globe.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 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 2007 sales of $41.9 billion."


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