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Lockheed Martin Receives $17 Million Contract for Army Tactical Missile Unitary Variant

DALLAS, TX, March 13th, 2002 -- Lockheed Martin Missiles and Fire Control has received a $17.4 million contract for 24 Army Tactical Missile System (ATACMS) Block IA Unitary Missiles from the U.S. Army. The U.S. Army Aviation & Missile Command, Huntsville, Ala., is the contracting agency. Work on the contract will be performed at the company's Dallas and Horizon City, Texas, locations, and is expected to be completed by December 31, 2004.

The Army TACMS Block IA Unitary is a U.S. Army initiative developed as a result of Kosovo lessons learned. Lockheed Martin was awarded the contract to develop the Army TACMS Unitary missile in December 2000. The initiative was established as a Quick Reaction Program to rapidly deploy a tactical capability for the U.S. Army. The government furnished a proven unitary warhead (SLAM/HARPOON WAU-23/B), and Lockheed Martin integrated it into an existing Army TACMS Block IA missile.

Delivery of the first missile for flight test took place just four months after contract award. The flight test was conducted in April 2001 and was a complete success. A total of 42 tactical missiles were delivered to the Army by the end of calendar year 2001.

Army TACMS was the first tactical surface-to-surface missile ever fired in combat by the U.S. Army, when it was deployed in Operation Desert Storm. The Army TACMS Block IA Unitary Missile is the latest addition to the current Army TACMS Family of Munitions. The Army TACMS Block IA Unitary Missile is an all weather day/night rapid response missile that provides the Army the capability to attack high-payoff, time sensitive targets with limited collateral damage.

Located in Dallas, Tex.; Orlando, Fla.; and Sunnyvale, Calif., Lockheed Martin Missiles and Fire Control develops, manufactures and supports advanced combat, missile, rocket and space systems. The company is organized in seven program/mission areas: Strike Weapons, Air Defense, Anti-Armor, Naval Munitions, Fire Control and Sensors, Fire Support and Product Development.

Craig Vanbebber, 972-603-1615
e-mail craig.vanbebber@lmco.com