LOCKHEED MARTIN DELIVERS SHIP CONCEPT STUDY TO THE NAVY
BALTIMORE, MD, 10-FEB-03 -- Lockheed Martin's Marine Systems division in Baltimore delivered today its Focused Mission Ship (FMS) Concept Study to the U.S. Navy. The report concludes that the Navy's platform requirements can be achieved within the required $220 million cost target. The Lockheed Martin Baltimore-led team was one of three study teams that Lockheed Martin supported. The study is the culmination of 90 days of intensive design and analyses conducted in collaboration with the Navy and Lockheed Martin partners.
The team's study demonstrated that its solution fulfilled the Navy's desire for a new platform, procurement and production approach by developing a ship concept that meets the Navy's needs at the desired cost, notional schedule and vessel speed, while providing the inherent ability to insert new capabilities as the requirements, technology and funding allow.
Lockheed Martin plans to continue its pursuit of this opportunity by leveraging its systems integration, engineering, program management and international business experience from across the corporation to bring a non-traditional approach to evaluating and developing systems that address the emerging need for low cost littoral combatants. The most promising outcome from the project stemmed from the opportunity for Lockheed Martin experts to work with a broad array of other companies across the three teams that it supported, said Carol Hulgus, LCS Capture Team Leader. That experience will be used to identify potential partnerships that bring together the optimal mix of capabilities and unique domain expertise to address the Navy's littoral platform and systems needs.
The Lockheed Martin prime contractor team consisted of: Lockheed Martin Naval Electronics & Surveillance Systems (NE&SS); Bollinger Shipyards, Lockport, La.; M. Rosenblatt & Son, Inc., Arlington, Va.; Pacific Marine, Honolulu; Burdeshaw & Associates, Bethesda, Md.; and Blohm + Voss, Hamburg, Germany.
Lockheed Martin NE&SS provides surface ship and submarine weapon systems, antisubmarine warfare and ocean surveillance systems, missile launching systems, radar and sensor systems, ship systems integration services and other advanced systems and services to customers worldwide. NE&SS is a unit of Lockheed Martin Corporation (NYSE: LMT) headquartered in Bethesda, Md. The corporation's principal business areas are aeronautics, space, systems integration and technology services.