MARIETTA, Ga., September 2nd, 2010 -- Another Lockheed Martin [NYSE: LMT] C-5 is being transformed into the world’s most capable strategic airlifter, the C-5M Super Galaxy. With more than 70 improvements, the Super Galaxy is rapidly becoming the linchpin of success in achieving global reach. The next C-5M Super Galaxy will be delivered on Sept. 30, 2010 and will be stationed at Dover Air Force Base, Del. The C-5M Super Galaxy recently achieved a 96 percent departure reliability rate while delivering critical cargo to troops in Afghanistan and was called upon to carry the 7.5-ton Alpha Magnetic Spectrometer to be launched on the last space shuttle flight next year.

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NEWTOWN, Pa., September 2nd, 2010 -- Lockheed Martin [NYSE: LMT] recently hosted the Strengthening the Middle Atlantic Region for Tomorrow (SMART) organization and the initiation of its new space technologies group. The group’s major activity includes the Lockheed Martin/Drexel University-led Mid-Atlantic Small Satellite Research Project, standing up an active space technologies team to foster education and innovation in space and space related technologies and providing leadership for the new SMART Space Technologies Group.

The project team, composed of space technology industry leaders in business and academia, kicked off the Small Satellites for Mobile Communications Project during the meeting. The project will bring together local universities with the industrial team to jointly collaborate on technology development for spacecraft.

FORT WORTH, Texas, September 1st, 2010 -- An independently led team has rated Lockheed Martin [NYSE: LMT] Aeronautics at Maturity Level 3 against the Capability Maturity Model Integration for Development, or CMMI-DEV version 1.2, following an extensive examination of processes in the company’s major aircraft programs.

CMMI-DEV is a process model reflecting industry best practices for product development and process improvement. This is the second consecutive time Lockheed Martin Aeronautics achieved this maturity rating based on processes in its F-35 Lightning II Joint Strike Fighter, F-22 Raptor, F-16 Fighting Falcon, C-130J Super Hercules and Advanced Development Programs.

PHOENIX, September 1st, 2010 -- An upgrade to the system that provides analysts with access to intelligence will soon revolutionize how they handle intelligence imagery and high-definition, full-motion video, as well as reports. The U.S. Air Force has awarded a $4.4 million initial task order to Lockheed Martin [NYSE: LMT] for upgrades to Distributed Common Ground System (DCGS) workstations The DCGS is the Department of Defense enterprise that collects and processes vast amounts of intelligence and imagery from manned and unmanned reconnaissance sources.

“This is a critical step towards ensuring analysts have easier access to the data they need to make the right decisions on and off the battlefield,” said Jim Quinn, vice president with Lockheed Martin’s IS&GS-Defense. “We look forward to continuing to help the Air Force realize its vision of a truly open, flexible, and high performance DCGS that meets current and future mission needs.”

ORLANDO, FL, August 31st, 2010 -- Lockheed Martin [NYSE: LMT] achieved a major milestone in the Joint and Allied Threat Awareness System (JATAS) Technology Demonstration program by delivering three prototype systems to the U.S. Navy for testing. JATAS will provide the next generation threat warning system to protect U.S. Navy and Marine Corps rotary-wing assault aircraft, increasing survivability of pilots and aircrews in hostile environments.

Each JATAS prototype system is a tightly integrated package consisting of a laser warning sensor to detect laser guided threats; a missile warning sensor to detect missile and hostile fire threats; and an open architecture processor to process sensor data and provide threat declaration. Goodrich ISR Systems in Danbury, CT, and DRS Infrared Technologies in Dallas, TX, provide the laser warning and missile warning sensors, respectively.

SUNNYVALE, Calif., August 31st, 2010 -- The Lockheed Martin [NYSE: LMT] team developing GeoEye's next-generation, high-resolution commercial Earth-imaging satellite system known as GeoEye-2, has successfully completed on-schedule a System Requirements Review (SRR), an important program milestone that precedes the Preliminary Design Review.

With launch scheduled to support start of operations in 2013, Lockheed Martin is developing GeoEye-2 under a fixed price contract to support the National Geospatial-Intelligence Agency’s (NGA) EnhancedView commercial imagery program. GeoEye was awarded an EnhancedView contract worth up to $3.8 billion on Aug. 6, 2010. EnhancedView is designed to provide critical geospatial situational awareness and global security information to intelligence analysts, war fighters and decision makers. GeoEye's commercial users will also benefit from access to imagery from GeoEye-2.

ORLANDO, FL, August 30th, 2010 --

HELLFIRE II Missile Flight Test

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Lockheed Martin’s [NYSE: LMT] multi-purpose AGM 114R HELLFIRE II missile struck and destroyed a stationary tank target in its third proof-of-principle flight test, a ground-launch test configured to simulate launch from an unmanned aerial system (UAS). The R model, or “Romeo” missile, features a multi-purpose warhead that enables a single HELLFIRE missile to cover all of the target sets of the currently fielded laser-guided variants.

A team consisting of personnel from Lockheed Martin and the U.S. Army Joint Attack Munitions Systems program office located in Huntsville, AL, conducted the test at Eglin Air Force Base, FL. The missile, armed with a live warhead, was fired at a stationary M60 tank located 6.4 kilometers downrange. Immediately before launch, test equipment emulating an airborne UAS launch platform sent targeting data and warhead delay selection commands for an armored target to the missile.

ALEXANDRIA, VA., August 26th, 2010 -- Savi Technology, a Lockheed Martin [NYSE: LMT] company and leader in wireless solutions to manage supply chains and smart assets, today announced that William Clark has joined the company as Senior Vice President and Chief Marketing Officer. In this newly created role, Clark is responsible for the full spectrum of marketing functions, including market and product strategies, go-to-market activities, branding, communications, analyst relations, public relations, and demand generation.

The addition of Clark to the senior leadership team will enable Savi Technology to leverage new marketing capabilities and drive Savi’s growth into an expanding base of commercial and public sector markets. In this role, Clark will oversee all of Savi's efforts for defining, developing and leading market-driven growth strategies in all of the company’s business segments, worldwide.

MOORESTOWN, N.J., August 25th, 2010 -- Lockheed Martin [NYSE: LMT] successfully identified and tracked four  live targets during a test of its Multi-Mission Signal Processor (MMSP) being fielded as part of the Aegis next-generation Ballistic Missile Defense (BMD) capability.

The MMSP is part of the Navy’s Advanced Capability Build 12 system, intended to help combine next-generation Aegis BMD and anti-air warfare (AAW) capabilities in an open combat system architecture.

BALTIMORE, Md., August 25th, 2010 -- Lockheed Martin [NYSE: LMT] will take steps to accelerate the advancement of digital health records and secure health information exchanges with two new agreements to support the Nationwide Health Information Network. The contracts, which were awarded by the Department of Health and Human Services’ Office of the National Coordinator for Health Information Technology (ONC), total $9 million over two years.

Under the first contract, Lockheed Martin will create new reference implementation software to support the development, testing and adoption of future Nationwide Health Information Network capabilities. The second contract calls for the development of real-world demonstrations and pilots for emergent Nationwide Health Information Network capabilities.