Lockheed Martin Receives Awards for 200 Additional Vehicle-Mounted Sensor Systems

ORLANDO, FL, 10/25/2010 --

Lockheed Martin [NYSE: LMT] has received delivery orders totaling $138 million from the U.S. Army Communications-Electronics Command Acquisition Center for 200 new systems, support services and equipment associated with the Vehicle Optics Sensor Systems (VOSS).

The Gyrocam VOSS, a vehicle-mounted sensor system, can be mast-mounted on virtually any land vehicle or expeditionary system for remote surveillance needs, and it provides high-resolution color, night vision and thermal sensors in a 15-inch class gyro-stabilized gimbal.

"The Lockheed Martin Gyrocam VOSS is a field-proven solution that provides the Warfighter with capabilities to identify and engage in the fight against threats and insurgents," said Jay Pitman, general manager of Lockheed Martin Gyrocam Systems, LLC. "With the rugged design of the Gyrocam VOSS and our strong in-theater support team, we have sustained a 99 percent operational readiness rate that supports the U.S. Army in its Warfighting mission."

These delivery orders are new releases against a multi-year Indefinite Delivery-Indefinite Quantity contract awarded in 2008. Under these latest awards, Lockheed Martin will provide 200 new Gyrocam VOSS, plus additional support services and equipment in support of these systems. The equipment will be produced at the Lockheed Martin Gyrocam Systems facility in Sarasota, FL, and the period of performance will continue through the first half of 2011.

Lockheed Martin Gyrocam Systems has installed more than 800 Gyrocam camera systems on Mine Resistant Ambush Protected vehicles throughout Afghanistan and Iraq. These systems provide Warfighters with crucial capabilities to conduct threat surveillance missions in the harshest environments.

Gyrocam Systems was recognized during the "Army Top 10 Greatest Inventions of 2007" program as part of the Reconnaissance Vehicle System and was also nominated by Defense Update Magazine as a "Most Innovative Defense Technology of 2008."

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 133,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2009 sales from continuing operations were $44.0 billion.

Media Contacts:

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e-mail amanda.g.wiley@lmco.com

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