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 Home > Lockheed-Martin Press Release > 2007  
Lockheed-Martin Press Releases
20th December, 2007
LOCKHEED MARTIN RECEIVES $849 MILLION CONTRACT FOR TRIDENT II D5 MISSILE
SUNNYVALE, Calif., December 20th, 2007 -- The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a contract valued at $849 million for fiscal year 2008 production and deployed system support for the Trident II D5 Fleet Ballistic Missile (FBM) program.  Work under the contract includes D5 production support, including reentry system hardware, and operations and maintenance to support the readiness and reliability of missile systems deployed aboard FBM submarines and at on-shore facilities. The contract also continues D5 Life Extension development work ...
20th December, 2007
MODERNIZED GPS SATELLITE BUILT BY LOCKHEED MARTIN SUCCESSFULLY LAUNCHED FROM CAPE CANAVERAL
DENVER, November 5th, 2007 -- – The modernized Global Positioning System Block IIR (GPS IIR-M) satellite, launched from Cape Canaveral on Oct. 17, has been declared fully operational for military and civilian navigation users around the globe, following a successful on-orbit checkout by a combined U.S ...
20th December, 2007
MODERNIZED GPS SATELLITE BUILT BY LOCKHEED MARTIN SUCCESSFULLY LAUNCHED FROM CAPE CANAVERAL
CAPE CANAVERAL AIR FORCE STATION, Fla, December 20th, 2007 --     A U.S. Air Force modernized Global Positioning System Block IIR (GPS IIR-M) satellite, designed and built by Lockheed Martin [NYSE: LMT], was launched successfully today from Cape Canaveral Air Force Station aboard a United Launch Alliance (ULA) Delta II launch vehicle. Designated GPS IIR-18M, the satellite is the fifth in a series of eight Block IIR-M spacecraft that Lockheed Martin Navigation Systems has modernized for its customer, the Global Positioning Systems Wing, Space and Missile Systems Center, Los Angeles Air Force Base, Calif.  The Block IIR-M series includes new features that enhance operations and navigation signal performance for military and civilian GPS users around the globe. "The successful deployment of this high-performance satellite represents another important milestone in the modernization of the GPS constellation and reflects our commitment to achieving mission success for our customer," said Don DeGryse, Lockheed Martin's vice president of Navigation Systems.  "Our team is now focused on performing a rapid and efficient on-orbit checkout to quickly place the satellite's advanced navigational capabilities into operational service." Representing the second successful GPS IIR-M mission in just two months, the satellite launched today joins four IIR-M satellites and 12 other operational Block IIR satellites within the current 30-spacecraft constellation. Each IIR-M satellite includes a modernized antenna panel that provides increased signal power to receivers on the ground, two new military signals for improved accuracy, enhanced encryption and anti-jamming capabilities for the military, and a second civil signal that will provide users with an open access signal on a different frequency.  The Global Positioning System enables properly equipped users to determine precise time and velocity and worldwide latitude, longitude and altitude to within a few meters.  Air Force Space Command's 2nd Space Operations Squadron (2 SOPS) at Schriever Air Force Base, Colo., manages and operates the GPS constellation for both civil and military users. Lockheed Martin is also leading a team which includes ITT and General Dynamics in the competition to build the U.S ...
20th December, 2007
Fourth Country Sides With Lockheed Martin in Acceptance of the Generic “Paveway” Term
ARCHBALD, PA, December 20th, 2007 -- Lockheed Martin [NYSE: LMT] was recently issued a decision from the Korean Intellectual Property Office confirming the company’s claim that the term "paveway" is a generic term for a laser guided bomb ...
20th December, 2007
Two Lockheed Martin Sites Win IndustryWeek's 2007 Best Plants In America Award
ORLANDO, FL, December 20th, 2007 -- IndustryWeek has selected two separate Lockheed Martin [NYSE: LMT] facilities in Orlando and Ocala, FL, as award winners in its 2007 Best Plants competition.  This is the first time in the program's 18-year history that one company has placed two sites on the list of top 10 best plants in the country.  “We believe [Lockheed Martin’s] facilities are pacesetters among North American manufacturers in terms of operational strategy, production practices and performance, and will continue to lead the way in the future,” said Jill Jusko, IndustryWeek Best Plants director. “Our employees in Orlando and Ocala are honored to receive these prestigious awards,” said Mike Bennett, senior vice president of Operations for Lockheed Martin Missiles and Fire Control.  “To receive one placement on the list would have been an honor; placing two facilities is truly remarkable.  These awards acknowledge our teams' commitment to excellence and continued improvement in manufacturing.” IndustryWeek’s Best Plants award program, which names 10 winners each year, recognizes world class North American plants on the leading edge of manufacturing excellence, with ongoing efforts to increase competitiveness, enhance customer satisfaction and create stimulating and rewarding work environments. Approximately 165 plants were initially nominated, with the top 10 winners announced on December 19, 2007.  Application materials detailed accomplishments related to quality, employee involvement, customer and supplier relations, productivity, cost reductions, inventory management, responsiveness, environmental and safety performance, new product development and overall market results. The Orlando manufacturing facility was selected for its efficient and strategic manufacturing processes that empower the company to capitalize on emerging technologies ...
20th December, 2007
NEW PAYLOAD WITH GPS DEMONSTRATION SIGNAL DELIVERED AHEAD OF SCHEDULE TO LOCKHEED MARTIN
KING OF PRUSSIA, Pa., December 20th, 2007 --   Lockheed Martin [NYSE: LMT] announced today that its navigation payload provider, ITT Corporation, has delivered a new demonstration payload for a modernized Global Positioning System Block IIR (GPS IIR-M) satellite to Lockheed Martin's facilities in Valley Forge, Pa ...
20th December, 2007
Lockheed Martin Agrees to Acquire PercepTek, Inc.
BETHESDA, Md., December 20th, 2007 -- Lockheed Martin Corporation [NYSE: LMT] has acquired PercepTek, Inc., a Colorado-based provider of advanced autonomous software technologies.  Terms of the transaction, which will not have a material impact on the Corporation, were not disclosed ...
19th December, 2007
LOCKHEED MARTIN SPACECRAFT TO BE FLOWN FOR NASA’S GRAIL LUNAR MISSION
DENVER, December 19th, 2007 -- The National Aeronautics and Space Administration’s (NASA) newest mission will analyze the internal structure and gravitational forces of the Earth’s moon. The Gravity Recovery And Interior Laboratory, or GRAIL, mission is the latest mission under NASA’s Discovery Program. Lockheed Martin [NYSE: LMT] will design, build and operate the GRAIL spacecraft ...
19th December, 2007
Lockheed Martin Awarded Contract For GOES-R Geostationary Lightning Mapper
PALO ALTO, Calif., December 19th, 2007 -- The Lockheed Martin Space Systems Company (NYSE:LMT) has been awarded a $96.7 million contract by NASA Goddard Space Flight Center to provide the Geostationary Lightning Mapper (GLM) instrument that will fly on the National Oceanic and Atmospheric Administration (NOAA) GOES-R Series environmental satellites ...
18th December, 2007
JAPAN SUCCESSFULLY DESTROYS BALLISTIC MISSILE DURING FIRST TEST OF LOCKHEED MARTIN AEGIS BALLISTIC MISSILE DEFENSE SYSTEM
KAUAI, HI, December 18th, 2007 -- The Japanese Maritime Self-Defense Force made history yesterday when, for the first time, a Japan Aegis guided missile destroyer equipped with Lockheed Martin's [NYSE: LMT] Aegis Ballistic Missile Defense (BMD) system intercepted and destroyed a ballistic missile target in space ...
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