Lockheed Martin to Pursue International Airborne ISR Opportunities with Finmeccanica and L-3 Communications Systems-West

20/07/2010 07:01

PR Newswire

FARNBOROUGH, England, July 20, 2010 /PRNewswire/ --

Lockheed Martin (NYSE: LMT) announced today that it has entered into an

agreement with Italian-based Finmeccanica (FNC: IM) and L-3 Communication

Systems-West to pursue international airborne intelligence, surveillance and

reconnaissance business.

"Our customers' future requirements demand innovative solutions that

support their missions with the technologies of tomorrow," said Jim Quinn,

Vice President with Lockheed Martin's ISGS-Defense. "This agreement allows us

to leverage our combined strengths to offer customers world-class

intelligence, surveillance and reconnaissance solutions."

"Drawing upon our C4ISR, ground systems and information interoperability

expertise, we will leverage the resources, talent, and ideas from our

companies to produce innovative solutions for global and national security

challenges," said Paolo Solferino, Vice President of Finmeccanica's Elsag

Datamat Defense, Space and Environment Division.

"Joining forces with Lockheed Martin will allow us to deliver the best

value to customers around the globe," said Al Modrovsky, Vice President of

strategic initiatives with L-3 Communication Systems-West. "Our companies

provide customers with decades of proven performance in the delivery of

leading-edge C4ISR solutions."

As a part of this agreement, the companies will jointly pursue technical

and strategic airborne ISR opportunities. These include territorial

situational awareness and control in support of Homeland Defense and Homeland

Security operations; planning and mission rehearsal capabilities to optimize

the employment of C4ISR assets in support of military and civil operations;

and integrated logistics support capabilities for the C4ISR systems

lifecycle.

Combined, these companies offer customers the most technically advanced

C4ISR capabilities available today. For more than 30 years, Lockheed Martin

has developed and supported strategic ground, airborne and space ISR systems.

L-3 Communication Systems-West is a leader in systems for high-performance

intelligence collection, imagery processing and satellite communications.

Elsag Datamat is the Finmeccanica center of excellence for solutions in

automation, security, transport, defence & space, and brings expertise in

command & control systems, mission planning, simulation and training,

communication systems and logistic information systems.

Headquartered in Salt Lake City, Utah, L-3 Communication Systems-West is

a leader in communications systems for high-performance intelligence

collection, imagery processing and satellite communications for Department of

Defense (DoD) and other government agencies. The company provides high data

rate, wideband, secure, real-time communications systems for surveillance,

reconnaissance and other airborne intelligence collection systems. To learn

more about L-3 Communication Systems-West, please visit the company's website

at http://www.L-3com.com/CSW.

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 US$45.2 billion.

For additional information, visit our website:

http://www.lockheedmartin.com

Suzanne Smith of Lockheed Martin, +1-303-932-5230, suzanne.m.smith@lmco.com






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