Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

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

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
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
04:54p LOCKHEED MARTIN : Global Defense Solutions Names Derco Exclusive Distributor
04:54p LOCKHEED MARTIN : Derco Signs Exclusive Distribution Renewal with LORD Corporati..
04:54p LOCKHEED MARTIN : Sikorsky and Israel's Ministry of Defense Solve Parts Obsolesc..
02:31p LOCKHEED MARTIN : CONTRACT AWARD - Battery Assembly
12:03p LOCKHEED MARTIN : Micross Announces New Director of Corporate Quality
11:11a Global Airborne Fire Control Radar Market 2017 - BAE Systems, Thales Group, L..
10:40a LOCKHEED MARTIN : Sikorsky To Supply Spare Parts For Israeli Air Force`s CH-53D ..
06:05a LOCKHEED MARTIN : Air Force Thunderbirds, jet trainer set for Ohio air show
06/22 LOCKHEED MARTIN : Marine Aviation Says He’d Like Want 13 More F-35Bs; Lock..
06/22 LOCKHEED MARTIN : Gives $1 Million to Metropolitan State University to Grow Expe..
More news
Sector news : Aerospace & Defense - NEC
08:48aDJBOEING : Is Top Seller at Paris Air Show -- WSJ
06:36a ELBIT : says innovation key to crowded drone market
06/22 AIRBUS' : Leahy reveals negotiating tricks after 'last air show'
06/22DJBOEING : Outsells Rivals at Paris Air Show -- Update
06/22 Two Iranian airlines plan to buy 73 Airbus jets
More sector news : Aerospace & Defense - NEC
News from SeekingAlpha
06/22 Crude Oil Price Drop Should Be A Temporary Dip
06/22 Lockheed Martin declares $1.82 dividend
06/22 TG Therapeutics Is A Buy - Cramer's Lightning Round (6/21/17)
06/21 Lockheed grabs $104M U.S. Air Force deal for radar threat simulators
06/21 Lockheed upbeat on CH-53K helicopter