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Lockheed Martin Awarded $17m Contract

Maritime Activity Reports, Inc.

April 18, 2006

Lockheed Martin was awarded a $17.4 million contract for systems engineering and integration services in support of the U.S. Navy's Combat System Warfare Federated Tactical Systems (SWFTS). SWFTS manages and oversees all technical products integrated into submarine combat systems. Under the contract, a Lockheed Martin-led team will provide end-to-end systems engineering, development test, integration and life cycle support for all in-service U.S. Navy submarine combat systems, as well as for systems that will be delivered to the new Virginia Class submarines. The contract is funded for the first year and includes multiple options and award terms for up to ten years. Team members include General Dynamics Electric Boat; Anteon Corporation; Progeny Systems Corporation; Gryphon Technologies, LC; ASSETT, Inc.; and North Carolina A&T State University. To successfully implement the SWFTS program across the U.S. Navy's submarine force, Lockheed Martin developed strategic relationships with industrial and academic partners who are committed to an open business model. The team members' laboratories, major integration facilities and personnel will be connected across a secure wide area network, allowing timely and affordable task performance across a wide geographic distribution.

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