Rockville, MD, 10/30/2003 -- Lockheed Martin [NYSE: LMT] and Transtech Control Ltd. announced today they would team to pursue new business opportunities related to surface traffic management at airports and surveillance-security needs for airports and transportation centers.

The transportation market is expected to grow in coming years as air traffic rebounds according to the International Air Transport Association, which will create demand for new solutions to manage aircraft on the ground. Security needs are also gaining in priority for air traffic as well as for other modes of shipping and travel.

"A key constraint to increasing airspace capacity and having more flights is an airport's ability to move aircraft in and out of the facility," said Don Antonucci, president, Lockheed Martin Transportation and Security Solutions. "Airport operators need technology solutions that will help them manage airport surface traffic safely and efficiently, while also preventing security intrusions by unauthorized vehicles or personnel."

The companies expect to leverage their technologies and experience in air traffic control and automation systems, data fusion and integration, sensor technology and advanced display software. These include domain expertise in the following areas: highly accurate airport surface surveillance (the detection and tracking of taxi-moving aircraft and ground vehicles) and air traffic control systems for the tower, terminal and en route environments. The teaming agreement spans both domestic and international business dealings.

"Future security improvements for surface management and transportation centers require solutions that cross traditional technology stovepipes," said Andy Patrichuk, Transportation and Security Solutions' vice president for aviation programs. "This teaming combines our expertise in systems integration and automation with Transtech's complementary strengths in advanced surveillance to offer our customers integrated solutions."

"We are confident that this collaboration between Lockheed Martin and Transtech will offer innovative technologies and know-how to provide immediate and cost-effective solutions to the industry's urgent concerns of safety, ground surveillance and management," said Simcha Ohrenstein, Transtech Control Ltd. president and CEO.

Transtech Control Ltd. is headquartered in Herzlia, Israel, with a subsidiary in Windsor, Connecticut. The company provides control systems, leading edge surveillance products, optical identification sensors, millimeter wave sensors, data fusion and airport surface movement guidance and control systems (SMGCS/ A-SMGCS). Transtech systems are currently in operation in over 100 airports world-wide.