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Lockheed Martin Agrees to Team with Rolls-Royce and VT Group for UK Mod Military Flying Training System

LONDON, United Kingdom/ORLANDO, FL, September 10th, 2003 -- Lockheed Martin today agreed to team with Rolls-Royce plc and VT Group plc to pursue the Training Systems Integrator role for the UK Ministry of Defence's Military Flying Training System (MFTS).

Each member of the team brings a unique and complementary knowledge base to this partnership making available, and enabling, the world-class capability inherent within each company for success in the Training Systems Integrator role.

Lockheed Martin is the world's leading provider of military aircrew training bringing a wealth of knowledge in training systems design and development. The VT Group both provides and supports current flying training through partnership with the UK MoD. Rolls-Royce offers a unique mix of programme management and asset financing skills embedded in the UK environment. This team, acting in partnership with the UK MoD, the Royal Air Force, Royal Navy and Army Air Corps, will provide the future military aircrew of the UK Armed Forces with the opportunity to receive state of the art training technologies in a total service that is second to none.

"The Lockheed Martin, VT Group and Rolls-Royce team offers the optimal combination of skills to perform as Training Systems Integrator and enable the MoD to train selected Tri-Service Military Aviators to defined standards in a timely and sustainable manner," said Dan Crowley, President, Lockheed Martin Information Systems.

John Boughton, Director of Customer Business - Rolls-Royce Defence Aerospace, said: "This strong teaming agreement allows us the best opportunity to formulate the most competitive solution to this unique customer requirement."

VT Group chief executive Paul Lester said: "Our skills and experience in Military Flying Training will considerably enhance the consortium's capability to provide the best solution to the UK armed forces' future training requirements."

Lockheed Martin UK, a unit of Lockheed Martin Corporation, is a leader in systems integration working on major programmes spanning the aerospace, defence, civil and commercial sectors with significant capabilities in the transport infrastructure market. In the UK, Lockheed Martin has annual sales in the range of £400-600 million working with more than 75 business partners. Lockheed Martin employs approximately 1,000 people at over 10 UK facilities including London, Havant, Southampton, Yeovil, Swindon, Hertford, Bristol and Cornwall.

Lockheed Martin
Mark Douglas 020-7798-2850
Chris Trippick 020-7798-2856
Nettie Johnson 407-306-6861 (In U.S.)

Rolls-Royce
Justine Steele 0117-979-0991

VT Group
Phil Rood 01489 775213
Mob 07941-164756