Lockheed Martin Hosts Mid Atlantic Space Technologies Group

NEWTOWN, Pa., 09/02/2010 --

Lockheed Martin [NYSE: LMT] recently hosted the Strengthening the Middle Atlantic Region for Tomorrow (SMART) organization and the initiation of its new space technologies group. The group's major activity includes the Lockheed Martin/Drexel University-led Mid-Atlantic Small Satellite Research Project, standing up an active space technologies team to foster education and innovation in space and space related technologies and providing leadership for the new SMART Space Technologies Group.

The project team, composed of space technology industry leaders in business and academia, kicked off the Small Satellites for Mobile Communications Project during the meeting. The project will bring together local universities with the industrial team to jointly collaborate on technology development for spacecraft.

U.S. Congressman Patrick J. Murphy, in addressing the group, stated: "It's critical that we provide cutting-edge technology for our war fighter, ensuring that we have a technical and tactical advantage. The mid-Atlantic region is positioned to be at the forefront of technology developments that will move our country forward."

"As a world leader in building advanced telecommunications systems, Lockheed Martin strives to create an environment that attracts new employees with the highest standards and provide the support and encouragement they need to reach their full potential," said Delaware Valley Vice President Bob Slegelmilch. "This is a top priority within Lockheed Martin and the aerospace industry as a whole."

Joining Congressman Murphy were Captain Joseph Dunn (USN), Commanding Officer of the Defense Contracts Management Area, Moorestown, N.J. and Lewis Meixler, Federal Laboratory Consortium, North East Regional Director.

The project will be the initial and priority project of SMART's new Space Technologies Group and will lead the way for other regional collaboration in the space technology field. Further, it will be the focus of SMART's cross-group collaboration and be promoted in SMART's general activities.

The goal of the research and development projects of the team is to enhance the region's economic growth by accelerating technology development for the next generation of spacecraft supporting communications and sensing.

SMART Board Chairman Phil Jaurigue thanked Lockheed Martin for its leadership and continued support of SMART's regional initiative, pointing out several other key SMART activities with the company. Dr. Arthur Paolella, Lockheed Martin Space Systems Company, is the Project Manager and Dr. Jin Kang, Drexel University is the Educational Leader for the project.

Lockheed Martin's Newtown facility serves as the headquarters for Lockheed Martin Commercial Space Systems, the U.S. Air Force's GPS III Space Segment program and NOAA's Geostationary Operational Environmental Satellite R-Series (GOES-R) program. LMCSS has delivered 36 commercial communications satellites based on the A2100 platform to customers world-wide. The facility also builds components, subsystems and systems for all Lockheed Martin Space Systems Company (LMSSC) lines of business, including military satellite communications programs such as the U.S. Air Force's Advanced Extremely High Frequency (AEHF) system and the U.S. Navy's Mobile User Objective System (MUOS).

The Newtown facility is part of LMSSC, a major operating unit of Lockheed Martin Corporation. LMSSC designs and develops, tests, manufactures and operates a full spectrum of advanced-technology systems for national security and military, civil government and commercial customers. Chief products include human space flight systems; remote sensing, navigation, meteorological and communications satellites and instruments; space observatories and interplanetary spacecraft; laser radar; ballistic missiles; missile defense systems; and nanotechnology research and development.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 136,000 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 $44.5 billion.

Congressman Patrick J. Murphy Congressman Patrick J. Murphy addresses Lockheed Martin Newtown audience.

Media Contacts:

Media Contact: Dee Valleras, 215-497-4185; cell 215-275-1874; e-mail, dee.valleras@lmco.com

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