Lockheed Martin Awarded Contract
Lockheed Martin will provide the Arab Republic of Egypt with a fully integrated maritime search and rescue (SAR) system for the Gulf of Suez (GOS) under a $50 million contract signed today in Cairo. The SAR system will complement the Gulf of Suez Vessel Traffic Information Management System (VTIMS) provided by Lockheed Martin under a 1998 contract and provide the Egyptian Ministry of Transport with all the necessary capabilities to manage and respond to any maritime distress in the Gulf of Suez. The SAR contract was signed in the presence of the Prime Minister of Egypt, His Excellency Dr. Atef Ebaid; the Minister of Transportation, His Excellency Dr. Ibrahim El-Demairi; U.S. Ambassador C.
Lockheed Martin System To Monitor Gulf of Suez Safety
Lockheed Martin has completed the final Site Acceptance Test (SAT) for the Gulf of Suez Vessel Traffic Information Management System (VTIMS), which will monitor and control ship traffic in all major port and harbor waters. program. Work boats and fishing vessels traverse the 175-nautical-mile-long Gulf along with huge oil tankers and boats full of tourists visiting the famous Red Sea coral reefs. "The oil rigs on the Gulf of Suez and the tourism that surrounds our popular coral reefs help make up the backbone of our economy," said Admiral Sherin El Kady, chairman of the Ports and Lighthouses Administration, the customer for the project. Lockheed Martin has provided the VTIMS under a contract signed in 1998.
