MOORESTOWN, NJ, November 22nd, 1999 -- Joseph D. Antinucci, President of Lockheed Martin Naval Electronics and Surveillance Systems (NE&SS), today announced several new leadership assignments in NE&SS, including the appointment of a senior executive to lead Lockheed Martin's DD 21 program activities. The business also announced changes in the names of its operating units to reflect its emphasis on a single, integrated NE&SS business composed of multiple geographic sites.

The leadership changes, which are effective immediately, include the appointment of Dr. Michael B. Hughes to the position of Vice President, DD 21 Program for Lockheed Martin, reporting directly to Antinucci. The former Vice President of Lockheed Martin Launching Systems in Baltimore, MD, Hughes will lead all NE&SS activities supporting the DD 21 Program, including all capture and execution efforts, as well as the coordination and direction of all Lockheed Martin Corporation activities related to the program.

"The success of the DD 21 program, which will provide the Navy with its next-generation surface combatant, is critical to our ongoing effort to support the Navy's surface fleet," Antinucci said. "Mike consistently has led to our launching systems business to superior performance, and the importance of the DD 21 program warrants leadership of his caliber."

Jon Wing will assume the duties of Vice President of the business in Baltimore in an acting capacity. Wing also will continue to serve as Director, Business Operations, for the Baltimore business.

In other senior leadership assignments, Fred P. Moosally, formerly Vice President, Washington Operations for the Lockheed Martin Systems Integration business area, is appointed Vice President & General Manager of NE&SS - Moorestown, reporting directly to Antinucci. In his new assignment, Moosally will have responsibility for the financial performance of the Moorestown business and will be accountable for all business functions there.

Concurrently, R. Michael Cassidy is appointed to the position of Senior Vice President, NE&SS, reporting directly to Antinucci. Cassidy, formerly Senior Vice President, for NE&SS - Moorestown Operations, will work with NE&SS business units to enhance the strategic and technical positions of the organization with its domestic and international customers. He will focus on segment integration and the alignment of business strategies across NE&SS -- a critical factor in NE&SS' progress toward its objective of operating a single, seamless business.

"Fred and Mike are talented, respected individuals who have distinguished themselves in their exemplary service to our customers and our business," said Antinucci. "They each have extensive experience in leading complex and challenging programs, and in their respective new roles, they will strengthen NE&SS' position in an increasingly competitive marketplace."

In a change to more clearly reflect the integrated nature of all NE&SS business components, Antinucci also announced the following business unit identity changes, effective January 1, 2000:

Lockheed Martin Government Electronic Systems of Moorestown, NJ, becomes Lockheed Martin Naval Electronics & Surveillance Systems - Moorestown. Lockheed Martin Launching Systems of Baltimore, MD, becomes Lockheed Martin Naval Electronics & Surveillance Systems - Baltimore. Lockheed Martin Ocean, Radar & Sensor Systems of Syracuse, NY, becomes Lockheed Martin Naval Electronics & Surveillance Systems - Syracuse. Lockheed Martin Tactical Defense Systems of Eagan, MN, becomes Lockheed Martin Naval Electronics & Surveillance Systems - Eagan. Lockheed Martin Tactical Defense Systems of Akron, OH, becomes Lockheed Martin Naval Electronics & Surveillance Systems - Akron. They continue to operate as one business headquartered in Eagan. Lockheed Martin Undersea Systems of Manassas, VA, becomes Lockheed Martin Naval Electronics & Surveillance Systems - Manassas. Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS) provides surface ship and submarine combat systems, antisubmarine warfare and ocean surveillance systems, missile launching systems, radar and sensor systems, ship systems integration services and other advanced systems and services to customers worldwide. It is the largest business organization in the Lockheed Martin Systems Integration business area.