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Lockheed Martin Awarded Navy Contract

Maritime Activity Reports, Inc.

October 27, 2006

Lockheed Martin Corporation, Mitchel Field, N.Y., is being awarded the options contained in contract N00030-06-C-0005 in the amount of $38,517,085 for FY07 US/UK TRIDENT II (D5) navigation subsystem engineering support services. Specific efforts include U.S. and U.K. fleet support, SSBN 732 engineering refueling overhaul, U.S. and U.K. trainer systems support, Shipboard Integration Program, and navigation - fire control integration. The work will be performed in Mitchel Field, New York. The FY07 optional items increase the contract value to $83,289,790 and extend performance through 30 September 2009. This contract was awarded based on a sole source acquisition. The Navy's Strategic Systems Programs is the contracting activity (N00030-06-C-0005). The funding profile is as follows: $26,114,799 FY07 O&M, N (67.8%), $2,298,424 FY07 SCN (6.0%), $7,251,254 FY07 OPN (18.8%), and $2,852,608 UK (7.4%).

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