Lockheed Martin Team Selected For Australian Tax Office Contract Negotiations

CANBERRA, 07/18/2010 --

The Lockheed Martin [NYSE: LMT] Australia Pty Limited-led team has been named as the preferred tenderer to provide computing hardware, services and support for the Australian Tax Office. Negotiations to finalise the agreement will now proceed with details of the contract to be announced in August.

The ATO contract includes both the End-User Technology and Support (EUTS) and Enterprise Service Management Centre (ESMC) segments. EUTS includes the provision and support of computers and equipment, office machines and the supporting back-end infrastructure, while ESMC provides a single point of contact service desk for IT and service management integration across the Tax Office's IT environment.

"The Lockheed Martin Australia team is very pleased with this selection and looks forward to finalising the contract provisions," said Paul Johnson, chief executive officer, Lockheed Martin Australia Pty Limited. "We believe our combination of performance, transparency, innovation, and value will combine to provide a successful partnership with the Australian Tax Office."

The Australian Taxation Office mission is to ensure the reliability, effectiveness, and security of the tax processing infrastructure to support the government, community and businesses throughout the country. Led by core values of integrity, accountability and transparency, the Tax Office is noted for its ability to optimally utilise people, processes and technology—factors which have enabled it to achieve a position as a recognised world-wide leader in Government tax operations.

Lockheed Martin brings unparalleled experience as the number one provider of IT services to the United States Government for the past 16 years. The Lockheed Martin ATO partners include Datacom and CSG.

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 reported 2009 sales of $45.2 billion.

Media Contacts:

Australia Media Contact: Andy Sloan, Hill & Knowlton +61 0412 238 329, asloan@hillandknowlton.com.au

Lockheed Martin Media Contact: Keith Mordoff, 301-240-5706, keith.mordoff@lmco.com

http://www.lockheedmartin.com