Fourth Country Sides With Lockheed Martin in Acceptance of the Generic "Paveway" Term
ARCHBALD, PA, December 20th, 2007 -- Lockheed Martin [NYSE: LMT] was recently issued a decision from the Korean Intellectual Property Office confirming the company’s claim that the term "paveway" is a generic term for a laser guided bomb. Korea is the fourth nation to agree with Lockheed Martin on the paveway name issue.
An application to register the term "paveway" as a trademark, filed by the Raytheon Company in Korea in 2005, was recently rejected by the Korean Intellectual Property Office (KIPO). The KIPO opposition panel found that the term "paveway" is a generic term, having been used in a generic manner by armament manufacturers, armament wholesalers and the Korean Ministry of National Defense. These findings follow recent rulings denying registration to Raytheon in Oman, Turkey and Thailand.
"Lockheed Martin is once again pleased that the international tribunals continue to recognize the merit of our claim that paveway is a generic term," said John Pericci, Lockheed Martin’s Business Development director at its Archbald, PA, facility. "We won a default decision early this year in the country of Oman, and were awarded successful decisions on the merits in Turkey and Thailand. This decision shows a continuing trend in the international marketplace and reinforces our position as a fully-qualified supplier of paveway II precision guided systems for our international customers."
Lockheed Martin has been a producer of the paveway II Laser Guided Bombs, paveway II Enhanced Laser Guided Training Rounds and paveway II Dual Mode Laser Guided Bombs for domestic and international customers. Lockheed Martin began production of paveway training rounds in 1992 and followed with other paveway armaments.
Paveway is a generic term, developed by the Air Force, for a family of laser guided weapon systems. Lockheed Martin is a fully qualified provider of paveway laser guided bomb kits and has delivered/and is delivering these systems to the U.S. Air Force, U.S. Navy and international customers. Lockheed Martin also supports paveway weapon systems by being the sole source provider of the paveway II Dual Mode Laser Guided Bomb kit and the paveway Enhanced Laser Guided Training Round.
Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
Heather Kelly, 407-356-5351
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