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Updated: July 8th, 2008 05:26 PM CDT

Lockheed Martin GPS III Team Prepares for Key Design Milestone Under U.S. Air Force-Awarded $50 Million Contract

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Lockheed Martin Space Systems Company, a major operating unit of Lockheed Martin Corporation, designs, develops, tests, manufactures and operates a full spectrum of advanced-technology systems for national security, civil andcommercial customers. Chief products include human space flight systems; a full range of remote sensing, navigation, meteorological and communications satellites and instruments; space observatories and interplanetary spacecraft;laser radar; fleet ballistic missiles; and missile defense systems.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 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 2005 sales of $37.2billion.

Media Contact: Steve Tatum 408-742-7531 e-mail, Stephen.o.tatum@lmco.com

SOURCE Lockheed Martin


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