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$27 Million Norwegian Contract Marks Lockheed Martin's First International PANTERA Advanced Targeting Pod Sale

ORLANDO, FL, July 8th, 2002 -- The Royal Norwegian Air Force has selected Lockheed Martin Missiles and Fire Control's Precision Attack Navigation and Targeting (PANTERA) pod as the winner of its Laser Target Designator Pods competition. This $27 million contract award is the first international sale of PANTERA. PANTERA, the export equivalent to the Lockheed Martin Sniper extended range (XR) pod, is currently used as the U.S. Air Force's Advanced Targeting Pod (ATP) for the F-16, F-15 and other aircraft upgrades. Delivering three times the performance of current targeting systems, PANTERA is the choice for integration on the Royal Norwegian Air Force's F-16 Mid-Life-Update (MLU) aircraft.

"PANTERA will give Royal Norwegian Air Force pilots superior performance in terms of standoff range and accuracy, and will reduce the cost of ownership for Norway's Defence Logistics Organization by eliminating all intermediate level maintenance," said John Schoeppner, Lockheed Martin Missiles and Fire Control International Business Development director. "We are delighted that Norway is the launch customer for PANTERA and are committed to delivering the cutting edge technology that our system offers, given the commonality of PANTERA modules with the Joint Strike Fighter's (JSF) Electro-optical Targeting System (EOTS)," Schoeppner added.

The commercial contract includes nine PANTERA pods with a digital data recorder option, as well as spares, technical support, training, installation, and maintenance support. The contract also contains an option for 12 additional pods.

"Our production facility in Orlando is designed and ready to support the U.S. Air Force ATP program and all future orders from the U.S. Government and our international customers," said Dan Fischoff, Advanced Targeting Pod and Joint Strike Fighter EOTS program director for Lockheed Martin Missiles and Fire Control. "The horizontal technology between the ATP and JSF EOTS programs provides a unique opportunity for information sharing, creating a cooperative environment where our customer's requirements are consistently and rapidly met," commented Fischoff.

A precision targeting system in a lightweight, affordable pod, PANTERA is designed for current and future fighter aircraft. PANTERA's third-generation, mid-wave forward-looking infrared (FLIR), automatic boresighting, and breakthrough stabilization techniques allow PANTERA to provide more precise recognition and targeting capabilities than current targeting systems. Fully compatible with the latest standoff weaponry, PANTERA provides automatic tracking and laser designation of tactical targets via real-time imagery presented on cockpit displays.

PANTERA also offers outstanding reliability and the lowest life-cycle cost. Its modular design ensures true two-level maintenance, eliminates intermediate level support equipment, and minimizes training.

Lockheed Martin Missiles and Fire Control develops, manufactures and integrates world-class air defense, fire support, strike weapon, naval munition, combat vision, anti-armor and advanced product solutions and systems for U.S. and international armed forces.

Nettie Johnson, 407-356-2211/5351
e-mail nettie.r.johnson@lmco.com



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