Lockheed Martin Delivers First Target Sight System Production Unit to The U.S. Marine Corps

ORLANDO, FL, June 30th, 2009 -- Lockheed Martin [NYSE: LMT] marked the delivery of the first Target Sight System (TSS) production unit at a ceremony held at its Orlando, FL, facility today. The TSS is the multi-sensor fire control system for the U.S. Marine Corps’ AH-1Z Cobra helicopter.

The TSS integrates state-of-the-art sensors, providing Cobra pilots with enhanced capabilities to acquire, track and designate targets. The system provides superior imagery through a highly-stabilized sensor suite that includes a laser designator, color TV and a third-generation, mid-wave, forward-looking infrared sensor with advanced image processing.

"Lockheed Martin has worked hard to deliver a superior targeting system capability for the AH-1Z Cobra,” said Col. Harry Hewson, U.S. Marine Corps Program Manager Air 276. "TSS allows Warfighters to see farther with greater precision, enabling mission accomplishment and safe return to base. We are looking forward to deploying this capability in the field."

The Naval Surface Warfare Center awarded the initial TSS production contract in March 2008. Production will take place at Lockheed Martin’s facilities in Ocala and Orlando, FL. Delivery of the 16 systems contracted will be completed in 2010.

"We are committed to providing the U.S. Marine Corps with a sensor solution that provides outstanding value through high performance, reliability and combat survivability," said Mike Inderhees, director of Turreted Systems at Lockheed Martin Missiles and Fire Control. "With TSS, Cobra pilots can now identify a threat from significantly increased standoff ranges, allowing them to accurately engage the enemy at maximum weapon ranges."

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.