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ATK, Lockheed Martin and Northrop Grumman Announce Teaming Agreement to Jointly Pursue Future Multi-Role Weapon Programs

Written by thomas · Filed Under Aeronautics News 

July 17, 2008

thomas

FARNBOROUGH, England, July 16 /PRNewswire/ — Alliant Techsystems
(NYSE: ATK), Lockheed Martin (NYSE: LMT) and the Northrop Grumman
Corporation (NYSE: NOC) announced that they have signed a teaming agreement
to jointly pursue the emerging market for advanced capability multi-role
weapons. This team provides any potential customer in this market with the
product options that offer the best capabilities, schedule, and price
available. This is achieved through the integration of the capabilities
that the team provides across sensors, automatic target recognition,
guidance navigation and control, air vehicles, propulsion, lethality,
survivability, mission planning, platform integration, system engineering,
and program management.

As the F-22 Raptor, F-35 Lightning II, unmanned aerial systems, and
future aircraft platforms are fielded over the next decade, the team
believes that an advanced multi-role weapon requirement will emerge in the
future that covers both the air-to-air and air-to-ground missions. This
team, with its current weapon programs and demonstrated advanced technology
capabilities, is confident that it will offer the customer best value
options to meet this need.

ATK is a premier aerospace and defense company with more than 17,000
employees in 21 states and $4.5 billion in revenue. News and information
can be found on the Internet at http://www.atk.com .

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000
people worldwide and is principally engaged in the research, design,
development, manufacture, integration and sustainment of advanced
technology systems, products and services. The Corporation reported 2007
sales of $41.9 billion.

Northrop Grumman Corporation is a global defense and technology company
whose 120,000 employees provide innovative systems, products and solutions
in information and services, electronics, aerospace and shipbuilding to
government and commercial customers worldwide.

SOURCE Lockheed Martin

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