Lockheed Martin Wins Contract to Manage Tools to Help Nuclear Regulatory Commission Track Radioactive Material

ROCKVILLE, Md., 05/19/2010 --

The Nuclear Regulatory Commission has awarded Lockheed Martin [NYSE: LMT] a 10-year, $77.4 million contract to provide secure software tools to manage data on radioactive materials, including transactions involving radioactive materials, and the materials licensing process.

Under the Integrated Source Management Portfolio (ISMP) Program, Lockheed Martin will provide the NRC Office of State and Federal Materials with a secure and effective set of automated tools to house and maintain information on licensees, nationally tracked sources possessed by licensees, and licensee transactions. The Portfolio consists of three systems, two that are in the planning stages the License Verification System (LVS) and the Web Based Licensing (WBL) System; and one system already in operation the National Source Tracking System (NSTS). Lockheed Martin will be responsible for development, deployment, hosting, user support and maintenance of this portfolio of systems.

"The U.S. Nuclear Regulatory Commission has the vital responsibility of ensuring the safe and secure civilian use of radioactive materials," said Frank Armijo, vice president of the Energy and Environment line of business in the Corporation's Information Systems and Global Services business area. "Lockheed Martin is proud that our information technology systems and tools will help the NRC track nuclear materials and uses to ensure adequate protection of public health and safety, promote the common defense and security, and protect the environment."

Lockheed Martin has supported the NRC's mission since 2001 providing software maintenance and operations service for 95 legacy systems and helpdesk support in a certified facility. Lockheed Martin built, maintains and hosts NRC's first high-level security system designed to track nuclear sources nationwide.

In addition to supporting the NRC, Lockheed Martin is working with its customers to address the nation's challenges in the areas of energy efficiency, management, next-generation alternative energy generation and environment and climate monitoring. The Corporation provides a full range of energy solutions to the government and regulated industry, including the Department of Energy, Environmental Protection Agency, state and regional energy organizations, utilities and businesses.

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.