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Lockheed Martin Canada Recognized For Outstanding Program Performance By United States Navy

KANATA, ONTARIO, July 10th, 2001 -- Lockheed Martin Canada, a unit of Lockheed Martin Corporation (NYSE: LMT), has recieved an award of recognition for outstanding performance in the design and delivery of the United States Navy's AN/AYK-23 (V) mission computer for the S-3B Viking surveillance aircraft. During a ceremony at the company's Kanata head office, Cdr. Harry Wedewer, deputy program manager for the S-3B Viking Avionics and Software Systems, Naval Air Systems Command, Patuxent River, MD, presented Lockheed Martin Canada President Dan Spoor a framed picture of the U.S. Navy's S-3B surveillance aircraft in carrier operations. .

During his address to the AN/AYK-23 Production Team, Cdr. Wedewer stated that in 19 years of service it was the first time he had visited a contractor to express appreciation for outstanding program performance.

"AN/AYK-23 is the best of the Navy's S-3B Viking avionics retrofit programs and the squadrons have been delighted with its performance. The equipment performs flawlessly in a harsh operational environment I believe may be second only to the Space Program," said Cdr. Wedewer.

The AN/AYK-23 program was initiated in 1991 to replace the MU-576/AYS Post and Display Processor and the AYK-10 General Purpose Digital Computer. In partnership with Lockheed Martin Tactical Systems, Eagan, MN, Lockheed Martin Canada has delivered 25 units and is in the process of completing an additional 31. The unit is produced and shipped directly from Lockheed Martin Canada to the fleet where they are installed and immediately deployed into the demanding environment onboard U.S. Navy aircraft carriers.

"I am delighted to accept this honour on behalf of the men and women of the AN/AYK-23 team," said Dan Spoor. "I believe that our performance on this program speaks to our commitment to servicing our customers needs and I am pleased that our partnership with Eagan will continue as we pursue key programs such as the upgrades of the CP140 and the Brazil P3."

A leader in systems integration, software development and the design and manufacture of advanced electronic systems, Lockheed Martin Canada employs more than 600 employees at facilities in Kanata (Head office), Montreal, Halifax, Victoria, Denver, Esquimalt, Dartmouth, Valcartier, Petawawa and Wainwright, Alberta. Core lines of business include Army, Airforce, Navy, Intelligent Transportation Systems (ITS), and Information Systems and Services (IS&S). Lockheed Martin Canada is a division of Systems Integration - Owego, NY and is a unit of the Lockheed Martin Corporation headquartered in Bethesda, Maryland. The corporation's core businesses are systems integration, space, aeronautics, and technology services.

Michael Barton, phone:(613)599-3270, cell:(613) 862-6686, 3892, email: Michael.Barton@lmco.com