Military

Lockheed Martin Awarded $42 Million Contract to Provide Surveillance Equipment for CP140 Aurora Fleet

KANATA, ON, June 12th, 2003 -- Lockheed Martin [NYSE: LMT] today announced that it has been awarded a $42 million contract to deliver state-of-the-art Electro-Optical / Infrared imaging systems for Canada's fleet of CP140 Aurora maritime patrol aircraft. As part of the Department of National Defence's multi-year Avionics Incremental Modernization Program, the new systems will dramatically improve intelligence gathering, surveillance and reconnaissance capabilities by extending the range in which the aircraft can accurately conduct their missions. In addition to the delivery of 21 WESCAM' MX-20 surveillance systems, Lockheed Martin Canada is responsible for the modification of existing retraction mechanisms, turrets and cabling.

"The CP140 Aurora is a Lockheed Martin-built plane that has served the Canadian Armed Forces for more than two decades," said Dan Spoor, President and CEO of Lockheed Martin Canada. "We are pleased to provide continued service and technical expertise to the Air Force. This technology will enable air crews to conduct coastal surveillance missions from altitudes and distances far beyond current capabilities that will not only help ensure mission success but also enable the plane to remain out of harms way in hostile operations."

A leader in systems integration, software development and the design and manufacture of advanced electronic systems, Lockheed Martin Canada employs more than 500 employees at facilities in Kanata (Head office), Montreal, Halifax, Victoria, Esquimalt, Dartmouth, Valcartier, Petawawa and Wainright.

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