SALT LAKE CITY, Oct. 20, 2016 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced today that its program management office for the U.S. Air Force's Ground Based Strategic Deterrent (GBSD) program will be located in the Falcon Hill National Aerospace Research Park at Hill Air Force Base, Utah. The company made the announcement here at the Governor's Office of Economic Development at a lease signing ceremony with Woodbury Corporation, the developer of Falcon Hill.

The lease agreement is for 25,000 square feet of office space and technology development capability in a new, 75,000-square-foot facility. Lockheed Martin's office will include high-tech laboratory space to enhance collaboration with local Air Force officials and facilitate Air Force ownership and access to the GBSD technical baseline.

GBSD is a competition to replace the Air Force's Minuteman III intercontinental ballistic missile (ICBM) system with a modern and capable integrated weapon system.

"Our GBSD program management team will work and live in Utah because the Hill Air Force Base community matters to the ICBM mission," said John Karas, Lockheed Martin vice president and GBSD program manager. "We look forward to moving into this state-of-the art facility and building partnerships across the state to deliver a capable, low-risk GBSD solution that meets all mission requirements."

Lockheed Martin employees in Utah currently work on Minuteman III sustainment programs and aircraft like the F-35 Lightning II and F-22 Raptor in the Hill Air Force Base area.

The company participated in the first Rural Utah Aerospace Tour earlier this month. The goal of the event, sponsored by the Aerospace States Association Utah Chapter and the Governor's Office of Economic Development, was to learn about the capabilities of local businesses and potential supplier opportunities. The group also visited local schools during the tour to share information about careers in science, technology, engineering and mathematics.

Lockheed Martin submitted a proposal to the Air Force for the Technology Maturation and Risk Reduction phase of GBSD on Oct. 11. Lockheed Martin expects to occupy the building beginning August 2017.

Lockheed Martin's qualified GBSD industry team includes:


    --  General Dynamics for weapon system command and control;
    --  Draper Laboratories for guidance, navigation and control;
    --  Moog for thrust vector control systems;
    --  Bechtel for launch facility expertise;
    --  Orbital ATK for propulsion subsystems; and
    --  Aerojet Rocketdyne for propulsion subsystems.

For additional information, visit our website: www.lockheedmartin.com/GBSD

About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 98,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

About Falcon Hill Aerospace Research Park
 Falcon Hill is one of the most strategically located aerospace research parks in the nation, located at Hill Air Force Base in Layton, Utah, with space available both inside and outside of the fence. As a joint venture between Woodbury Corporation and the Hunt Companies, this 550-acre private development, under an Air Force Enhanced Use Lease, will feature over 2 million square feet of commercial space. This development offers unmatched location, expansion capability, staging benefits and infrastructure.

Media Contact:
Sydney Owens, +1 408-242-3129; sydney.c.owens@lmco.com

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SOURCE Lockheed Martin