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 news 

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 CET

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
08:39p LOCKHEED MARTIN : Federal Contracts Awarded to Companies in Maryland (Dec. 10)
01:28p LOCKHEED MARTIN : MILITARY $7.8 Million Federal Contract Awarded to Lockheed Mar..
01:28p LOCKHEED MARTIN : MILITARY $689,007 Federal Contract Awarded to Lockheed Martin
01:27p LOCKHEED MARTIN : MILITARY $65,230 Federal Contract Awarded to Lockheed Martin
12/09 LOCKHEED MARTIN : New pastor falls for Peru, poutine
12/09 LOCKHEED MARTIN : MILITARY $20.44 Million Federal Contract Awarded to Lockheed M..
12/09 LOCKHEED MARTIN : Assigned Patent
12/08 LOCKHEED MARTIN : transforms Training and Logistics Business
12/08 LOCKHEED MARTIN : Advances Modernization of Current GPS Ground Control System fo..
12/08 GLOBAL MULTIPLE LAUNCH ROCKET SYSTEM : Boeing, General Dynamics, Lockheed Martin..
More news
Sector news : Aerospace & Defense - NEC
12/08DJEx-Im Bank Critics, Supporters Look to Donald Trump for Help
12/08DJAIRBUS : Says Canada to Buy 16 C295W Search-and-Rescue Planes
12/08DJAirline Profits to Reach Record Heights Before 2017 Descent
12/08DJUNITED TECHNOLOGIES : Trump Attacks Carrier Union Leader
12/08DJPostelection Rally Lifts Stocks to New Heights
More sector news : Aerospace & Defense - NEC
News from SeekingAlpha
12/08 Lockheed, Northrop give back chunk of recent gains
12/08 2 More Janus Quant Funds For These Markets
12/07 Pentagon providing misleading answers on F-35, testing chief says
12/07 In Doubt, Choose Lockheed Martin
12/07 Lockheed, Sikorsky detail new contracts