EAGAN, MN, 19-JAN-04 -- Lockheed Martin [NYSE: LMT] has named Richard F. Ambrose as president for the Maritime Systems & Sensors (MS2) Tactical Systems organization based in Eagan, Minn.

MS2 Tactical Systems is a major supplier of ruggedized commercial off-the-shelf hardware and software subsystems for air, land and sea applications. MS2 Tactical Systems is also involved in upgrading surveillance aircraft mission systems, developing integrated communications systems and engineering complex C4I systems for both U.S. and international customers. As president, Ambrose will be responsible for all MS2 Tactical Systems business areas: Ruggedized Computing Infrastructure, Maritime Surveillance, Tactical Avionics and C3 Systems.

Ambrose has more than 24 years of experience in the aerospace and defense industries. His experience includes expertise in complex software and hardware systems that include intelligence, communications, remote sensing and information technology. He has held several key leadership roles within Lockheed Martin. Most recently, Ambrose was with Lockheed Martin Space Systems in Denver, Colo., first as vice president, Ground Systems, and then as vice president and deputy program manager. In this role, he managed the Space Based Infrared System (SBIRS) and led the successful execution of the Ground Systems portion of the program. Prior to this, Ambrose was program vice president for Lockheed Martin Astronautics and Management and Data Systems.

Previously, Ambrose spent eleven years with Raytheon/Hughes, rising from program manager to director of business development to vice presidents and general manager. These roles contributed to his extensive experience in running complex programs, strategic planning, business development and customer relations.

Ambrose has a bachelor's degree in electrical engineering from DeVry Institute of Technology, and a master's degree in business administration from the University of Denver. He has also attended the Wharton Executive Development Program.