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Lockheed Martin Awarded Army CECOM Rapid Response Contract

CHERRY HILL, NJ, March 5th, 2003 -- The U.S. Army Communications & Electronics Command (CECOM), Ft. Monmouth, NJ, has awarded Lockheed Martin a contract for CECOM Rapid Response (CR2). Lockheed Martin is one of eight contractors awarded this Indefinite Delivery/Indefinite Quantity (ID/IQ) contract, which provides Federal Government Platform Managers with a unique, competitive, streamlined acquisition solution for a broad range of engineering support and services. The total contract has an estimated maximum value exceeding $2.8 billion over an eight-year period. The CR2 contract scope of work includes Research and Development, Technology Insertion, Systems Integration, Installation, Hardware and Software Fabrication, Test and Evaluation, Certification, Studies and Analyses, Technical Management, Logistics Support, Training and Acquisition support.

The CR2 contract replaces the Rapid Response to critical System Requirements (R2CSR) contract put in place by CECOM in 1998. Lockheed Martin was one of the original contractors chosen to participate in the R2CSR program. The R2CSR program was successful in placing over $1 billion on contract between the three prime contractors using both time and materials and firm-fixed-price task orders.

"R2CSR has proven to be an extraordinarily successful partnership between industry and government, serving the needs of a broad spectrum of federal government customers," states John Freeh, president, Lockheed Martin Systems Management, the company leading the Lockheed Martin CR2 team. "It also reflects our commitment to furthering the involvement of small business in meeting the needs of our federal customers as they work to ensure national security."

The Lockheed Martin Systems Management led team comprises eight Lockheed Martin companies and forty-two partner companies including thirty small and small disadvantaged businesses.

The Lockheed Martin companies participating in the CR2 program are: Systems Management, Aircraft Logistics Center, Technical Operations, Systems Integration - Owego, Mission Systems, Management and Data Systems - West, Advanced Technology Laboratories, Naval Engineering and Surface Systems - Eagan.

Lockheed Martin Systems Management, headquartered in Marlton, NJ, is an operating company within the Technology Services Business Area. With annual sales exceeding $700 million, Lockheed Martin Systems Management has over 5,500 employees located worldwide providing a broad spectrum of management services and solutions in support of our customers' mission critical programs.

Wendy Owen (856) 486-5126

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