Lockheed Martin Selects ATK To Supply Solid Rocket Motor Sets For Missile Defense Program
Denver, Colo., November 9th, 2004 -- Lockheed Martin (NYSE: LMT) today announced it has selected ATK (NYSE: ATK) to provide stage two and three solid rocket motor sets for its Boost Vehicle-Plus (BV+) program – an element of the Ground-based Midcourse Defense (GMD) system managed by the U.S. Missile Defense Agency.
Lockheed Martin recently held a competition to select a motor supplier following a May decision by Pratt & Whitney to exit that business.
In addition to supplying Orbus-1a motors, ATK also will provide thrust vector control systems to be used on the program. The contract also includes funds for test motors and ground and altitude qualification tests. ATK will begin motor deliveries in the first quarter of 2006. Terms of the contract were not disclosed.
“We anticipate a smooth transition to ATK from Pratt & Whitney. I am confident that BV+ will be a reliable and effective contributor to the nation’s first protection from long-range ballistic missile threats,” said Linda Reiners, vice president – Missile Defense Systems, Lockheed Martin Space Systems Company. “Teams from Lockheed Martin, ATK and Pratt & Whitney have been assembled to successfully transition and deliver the new motors to our customer on time.”
The Boeing Company is the prime contractor for the Ground-based Midcourse Defense system.
Lockheed Martin is a world leader in systems integration and the development of air and missile defense systems and technologies including the first operational hit-to-kill missile defense system. It also has considerable experience in interceptor systems; kill vehicles; targets and countermeasures; battle management command, control and communications; precision pointing and tracking optics; as well as radar and other sensors that enable signal processing and data fusion. The company makes significant contributions to all 10 major U.S. Missile Defense Systems and participates in several global missile defense partnerships. Lockheed Martin Corporation is headquartered in Bethesda, Md.
Evan McCollum, 303-977-5937
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