Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Lockheed Martin Corporation    LMT

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Lockheed Martin Corporation : Lockheed Martin's Aegis Computer Program Development Approved by U.S. Navy for Australian Warfare Destroyer

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/21/2012 | 04:10pm CEST

MOORESTOWN, N.J., May 21, 2012 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has completed computer program development and testing for the HOBART class Air Warfare Destroyer (AWD), the Royal Australian Navy's Aegis-equipped ships. The computer programs have been approved by the U.S. Navy.

Tests were conducted over a two-week period at the Navy's land-based test facility, the Vice Admiral James H. Doyle Combat Systems Engineering Development Site in New Jersey.

"The Aegis Weapon System enables navies around the world to protect their citizens and their nations from continuously evolving threats," said Doug Wilhelm, director of international Aegis programs for Lockheed Martin's Mission Systems & Sensors business. "We look forward to working with the U.S and allied navies to continue to provide proven anti-air warfare capability on a global scale."

The HOBART class will be capable of simultaneous operations in a multi-warfare environment, including anti-air, anti-surface, anti-submarine and naval gunfire support roles.

Lockheed Martin is a leader in combat systems integration and the development of integrated air and missile defense systems and technologies. Manufacturing work for this program will occur in Moorestown, N.J.

In addition to the U.S. and Australian navies, Aegis is also the weapon system for the navies of Japan, Norway, the Republic of Korea and Spain. The 100 Aegis-equipped ships in service around the globe have more than 1,250 years of at-sea operational experience and have launched more than 3,800 missiles in tests and real-world operations.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 123,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's net sales for 2011 were $46.5 billion.

For additional information, visit our web site: www.lockheedmartin.com/aegis

SOURCE Lockheed Martin

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LOCKHEED MARTIN CORPORATIO
03:22a LOCKHEED MARTIN : $3.8 billion F-16s deal signed between Bahrain and Lockheed Ma..
10/18 LOCKHEED MARTIN : Air Force Presses Acquisition Changes; Incentives Offered On C..
10/18 LOCKHEED MARTIN : Popular Science Recognizes Lockheed Martin's Long Range Anti-S..
10/18 LOCKHEED MARTIN : MILITARY $115,384 Federal Contract Awarded to Lockheed Martin
10/18 LOCKHEED MARTIN : Sikorsky Sponsors Second Annual Educational Scholarship throug..
10/18 LOCKHEED MARTIN : Bahrain signed $3.8-b deal to buy 16 F-16 jets
10/17 LOCKHEED MARTIN : Aegis Combat System Successfully Completes Series of Air and M..
10/17 LOCKHEED MARTIN : Derco Extends Distribution Agreement with UTC Aerospace System..
10/17 KOREA AEROSPACE INDUSTRIES : South Korea president calls for export of T-50 adva..
10/17DJLOCKHEED MARTIN : Bahrain to Buy 16 F-16s as Part of $3.8 Billion Lockheed Order
More news
News from SeekingAlpha
10/18 WALL STREET BREAKFAST : Markets Eye China's Party Congress
10/18 Trump reiterates support for Greece
10/17 The North Korean Defense Portfolio
10/12 My Dividend Growth Portfolio - Q3 2017 Summary
10/12 MONTHLY REVIEW OF DIVGRO : September 2017