Lockheed Martin Joins the Boeing SE2020 Team to Support Vital FAA NextGen Air Transportation Contract Vehicle

ROCKVILLE, Md., 06/14/2010 -- Lockheed Martin [NYSE: LMT] has been selected by Boeing [NYSE:BA] as a lead subcontractor to support task orders associated with the recently announced 10-year, multibillion dollar contract vehicle the Federal Aviation Administration is using to further next generation air transportation advancements.

As part of the Boeing-led team, Lockheed Martin's air traffic management business will compete for future en route, terminal and oceanic air traffic control and systems engineering task orders under the FAA's Systems Engineering 2020 (SE2020) contracting vehicle.

The FAA established the SE2020 contract vehicle to demonstrate Next Generation Air Transportation System (NextGen) procedures in real time on a large scale within the current air traffic system. ITT and General Dynamics also were selected by the FAA to lead teams of subcontractors to compete for SE2020 tasks.

"The SE2020 contract vehicle is a significant boost to the industry's NextGen momentum. It will help accelerate the development of new technologies benefiting all aviation stakeholders," said Sandra Samuel, vice president, Lockheed Martin Transportation Solutions. "As one of the industry's strongest engineering and systems infrastructure providers, we look forward to adding our air traffic management domain expertise to this endeavor."

The FAA will use SE2020 to conduct large-scale demonstrations, including the use of aircraft to see how NextGen concepts, procedures and technologies can be integrated into the current national airspace system. The FAA has structured SE2020 as a set of multiple-award, 10-year umbrella contracts. The contract to Boeing, valued at $1.7 billion, has a five-year base with additional options for another five years. Total worth of all three prime SE2020 contracts announced in late May is potentially $4.4 billion.

"SE2020 will be an important platform for Lockheed Martin as we support the FAA's NextGen efforts. We look forward to working with Boeing, its teammates and our FAA customers for a strong SE2020 partnership in the years ahead," said Lockheed Martin's Kathy Lane, who will serve as the deputy program manager on the Boeing SE2020 team.

Lockheed Martin and Boeing have been collaborating on harmonizing air traffic systems globally since forming a teaming alliance in 2007 that enables the two companies to fully address the critical integration of ground systems and airborne platforms.

Boeing's SE2020 industry team also includes Adacel, Airbus, Cessna, Ensco, Embry-Riddle Aeronautical University, Harris, Honeywell, Jeppesen, Jerry Thompson & Associates, Mosaic ATM, Spectrum Software Technology Inc., Tetra Tech AMT, and the Washington Consulting Group.

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.