U.S. Navy Awards Lockheed Martin Nearly $10 Million to Design New Surface Ship Electronic Warfare System

SYRACUSE, NY, 11/02/2009 --

The U.S. Navy recently selected Lockheed Martin [NYSE: LMT] to provide its next-generation of electronic warfare (EW) systems for surface ships, which will significantly improve the Navy's ability to detect threats to the fleet.

Under an initial $9.9 million contract award, the company will produce a preliminary design for the Surface Electronic Warfare Improvement Program (SEWIP) Block 2 Upgrade by June 2010. The contract includes options, if exercised, totaling nearly $167 million.

Under SEWIP, the Navy is pursuing an evolutionary series of enhancements to its SLQ-32 EW system. This contract is part of a series of block upgrades intended to provide technological advances and add functional capabilities incrementally.

Lockheed Martin will provide a modular solution for Block 2, based on its Integrated Common Electronics Warfare System, demonstrated at sea last summer. This approach uses commercial-off-the-shelf (COTS) electronics and provides the Navy with the latest surface ship EW capabilities, as well as enhanced flexibility to upgrade the technology to address emerging threats.

"This is a proven solution that will improve the surface navy's electronic warfare system," said Carl Bannar, vice president and general manager of the Lockheed Martin Radar Systems business in Syracuse, N.Y. "By choosing Lockheed Martin in this competition, the Navy has endorsed our technical approach, which includes COTS components for proven cost savings and ease of maintenance."

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 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.

Media Contacts:

Mark Wesel, 315-456-1701; e-mail, mark.wesel@lmco.com

For additional information, visit our website: http://www.lockheedmartin.com/ms2