Lockheed Martin-Led Team Completes Integrated Baseline Review For Space Radar
DENVER, Colo, 27-JUN-07 -- The Lockheed Martin [NYSE: LMT] Space Radar team has successfully completed on-schedule an Integrated Baseline Review (IBR) with the U.S. Air Force, an important program milestone that precedes the System Requirements Review. Space Radar is being developed to provide global intelligence, surveillance and reconnaissance (ISR) for the military and intelligence community.
Representatives from the U.S. Air Force, the intelligence community and other Department of Defense agencies participated in a thorough examination that began on Feb. 21 and culminated in a three-day review at Lockheed Martin's Denver, Colo. facilities in mid-April.
In completing the IBR on schedule, the Lockheed Martin Space Radar (SR) team, which includes Northrop Grumman Electronic Systems in Baltimore, is on track to complete the Systems Requirements Review later this year. The team is working under a 2004-awarded Phase A Concept Development contract.
This important review demonstrated our team's integrated technical schedule and solid cost baseline to execute requirements development and technologies, including electronically scanned array (ESA) capabilities, said Rick Ambrose, vice president of Surveillance and Navigation Systems for Lockheed Martin. This program is essential to meeting our nation's intelligence, surveillance and reconnaissance needs and our team looks forward to helping our customer successfully achieve their Space Radar objectives.
The system will be comprised of a constellation of spacecraft that will provide responsive imagery world-wide. SR will enable Moving Target Indications to monitor patterns of adversary activity and to cue sensors and weapon systems in near real time; and High Resolution Terrain Information for precision targeting, humanitarian relief, and to prepare geospatial products for a broad range of intelligence operations.
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 2006 sales of $39.6 billion.