Lockheed Martin Electronic Systems Canada wins contract for new U.S. Navy aircraft computer

Business Wire, Sept 30, 1996

MONTREAL--(BUSINESS WIRE)--Sept.30, 1996--Lockheed Martin Electronic Systems Canada, a business unit of Lockheed Martin Corporation (NYSE: LMT), has been awarded a $3 million subcontract from Lockheed Martin Tactical Defense Systems in Eagan, Minn., to build a new computer for the U.S. Navy's S-3B Viking antisubmarine warfare aircraft. Follow-on production orders are expected to bring the program's total value to $60 million for the Canadian unit.

The subcontract extends the joint effort by the Montreal and Eagan units to successfully develop and integrate the new AN/AYK-23 computer under a Canadian-U.S. defense development sharing arrangement to upgrade the capabilities of the sub-hunting S-3B Viking aircraft. The new computer will allow the U.S. Navy to improve the Viking's mission software and to take advantage of new avionics subsystems having capabilities that could not have been accommodated without the AN/AYK-23. The service eventually intends to replace existing computers with the new computer aboard its fleet of 120 S-3B Vikings.

Work on the 16-month contract, which includes designing the new computer as well as building and testing three initial production models, will be performed at Lockheed Martin Electronic Systems Canada's Winnipeg operation.

Lockheed Martin Electronic Systems Canada is a leader in the integration and management of large-scale programs and complex systems. The company's primary capabilities encompass the design development, integration and management of advanced computer-based electronic systems; the design, manufacture and supply of military- standard computers and other products; and the provision of life-cycle support for major systems. The Montreal-based company has operations in Winnipeg, Ottawa, Halifax, Saint John and Victoria.

Lockheed Martin Tactical Defense Systems in Eagan is a leader in information management systems used by defense and other foreign and domestic governmental agencies.

Lockheed Martin Corporation, headquartered in Bethesda, Md., is a highly diversified advanced technology company with annualized sales of approximately $30 billion. It has more than 190,000 employees worldwide.

CONTACT: Richard Boileau

(514) 340-8365

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