Statement Regarding the Acquisition of Systems Made Simple

BETHESDA, Md., Dec. 2, 2014 - On Dec. 1, Lockheed Martin finalized the purchase of Systems Made Simple. This acquisition aligns with our business strategy by augmenting our existing government health IT capabilities and enabling us to deliver solutions to additional customers. We are thrilled to welcome approximately 430 new employees to the Lockheed Martin family.

Lockheed Martin in late October announced the agreement to acquire Systems Made Simple, a leading provider of health information technology solutions to the U.S. federal government.

Systems Made Simple delivers technology and service solutions to improve, increase, enable and ensure the secure exchange and interoperability of information between patients, providers and payers. The company does significant work with the Department of Veterans Affairs (VA) in areas such as health data analytics, data center operation, health data management and health system interoperability. The company operates in the fastest growing part of the U.S. federal IT budget and was selected for the Transformation Twenty-One Total Technology (T4) contract that supports the VA’s IT modernization initiatives, a contract that Lockheed Martin is not currently involved in.

Systems Made Simple is a privately held company headquartered in Syracuse, New York. Additional locations include McLean and Charlottesville, Virginia; Salt Lake City, Utah; Tampa, Florida; and Austin, Texas.