Lockheed Martin : Selects Greenville as Preferred T-50A FACO Site
February 11, 2016 at 11:22 am EST
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GREENVILLE, S.C., Feb. 11, 2016 - Lockheed Martin (NYSE: LMT) selected its Greenville Operations facility in Greenville, South Carolina as the preferred Final Assembly and Checkout (FACO) site to manufacture its T-50A aircraft offering in the U.S. Air Force's Advanced Pilot Training (APT) competition.
'A number of sites were considered for the FACO location. Following a detailed examination, the Greenville Operations facility was selected based upon the unique requirements of the APT competition and the support and partnership of the state of South Carolina,' said Orlando Carvalho, executive vice president of Lockheed Martin Aeronautics. 'While the FACO site will be located in Greenville, Lockheed Martin will continue leveraging people and capabilities from across our corporation and our industry partners to win the APT competition.'
Lockheed Martin's Greenville Operations has a long history of proven performance in aircraft final assembly and checkout, as well as extensive capabilities in modernization and state-of-the-art upgrades on a variety of aircraft platforms. The 227-acre Greenville site has 13 hangars, 1,200,000 square feet of covered space optimized for APT and 8,000 feet of runway. Greenville is also home to a highly-skilled, flexible workforce of Lockheed Martin aviation technicians, engineers, program managers and other experienced personnel.
Lockheed Martin has a long and successful legacy of providing advanced aeronautics systems and training platforms and will leverage that proven expertise to deliver a low-risk, on-time advanced pilot training solution to the U.S. Air Force.
Lockheed Martin Corporation issued this content on 11 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 February 2016 16:21:06 UTC
Original Document: http://www.lockheedmartin.com/us/news/press-releases/2016/february/greenville-sc-FACO-t-50-site.html
Lockheed Martin Corporation specializes in the design, manufacturing and marketing of aeronautic, submarine, and aerospace systems. Net sales break down by activity as follows:
- sale of aeronautic systems (40.7%): military and civilian aircraft, primarily for government organizations;
- sale of helicopters, mission and electronic systems (24%): military and commercial helicopters, ships, sea and land-based missile defense systems, radars, sensors, sea and air-based mission and combat systems, training systems, cyber solutions, command, control and communication systems, surveillance and reconnaissance systems, simulation and training systems, etc.;
- sales of aerospace systems (18.7%): satellite systems, missile systems and space transport systems;
- sale of air defense and fire control systems (16.6%): air and missile defense systems, tactical missiles, precision strike weapons systems, fire control systems, etc. The group also offers support services for mission operations, preparation, technical support, integration services, etc.
Net sales break down by source of income into sales of products (83.3%) and services (16.7%).
Net sales are distributed geographically as follows: the United States (74.3%), Europe (9.5%), Asia/Pacific (8.3%), Middle East (5.8%) and other (2.1%).
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