Lockheed Martin Hosts Small Business Technology Innovators

SAN DIEGO, CA, 02/18/2009 --

More than 15 small, advanced technology businesses had the opportunity to share their innovative technologies directly with the U.S. Department of Defense today at Lockheed Martin's [NYSE: LMT] Old Town Campus.

The Old Town Campus is equipped with the same software and hardware used to support requirements for the U.S. Navy's Aegis modernization program and COMBATSS-21, the combat management system on the nation's first Littoral Combat Ship USS Freedom, which will be home ported in San Diego.

"In the simplest terms, this facility is an open door for innovation," said Orlando Carvalho, vice president and general manager of Lockheed Martin's Surface-Sea-Based Missile Defense line of business. "It is our ‘greeting area' for businesses, science and technology agencies, and academia, which have technologies that will advance ongoing or planned development. Beyond the technical set up, the Campus supports mentorship of third-party developers and cost-effective capability validation."

In conjunction with Lockheed Martin, the small businesses represent needed next-generation technologies in the maritime environment. Lockheed Martin invited the businesses to participate based on ongoing or expected programs and customer needs.

Businesses participating in the open house included: Areté Associates, Frontier Technology Inc., GCAS Inc., Giftet, Inc., Infologic Inc., Intelligent Systems Technology, Inc., Irvine Sensors Co., Forell Enterprises, Pacific Science & Engineering Group, Physical Optics Corporation, Referentia Inc., Stottler Henke Associates, Inc., Toyon Research Co., Trex Enterprises Corp., and Utopia Compression Corp.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 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 2008 sales of $42.7 billion.

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