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Lockheed Martin Partnerships Are Key to Enhancing Military Readiness

Written by thomas · Filed Under Aeronautics News 

July 17, 2008

thomas

FARNBOROUGH, England, July 16 /PRNewswire-FirstCall/ — A senior
Lockheed Martin (NYSE: LMT) official told reporters attending the
Farnborough Air Show today that Lockheed Martin partnerships around the
world are providing military customers with enterprise support solutions to
challenges brought on by increasing operational deployments, tightening
budgets and aging weapons systems.

“As a global enterprise with alliances in more than 75 countries,
Lockheed Martin supports its customers with technically advanced
sustainment concepts leveraged by its engineering know-how and expertise,”
said Marillyn Hewson, executive vice president, Lockheed Martin Aeronautics
Global Sustainment. “Our customers can depend on us to provide the kind of
tailored sustainment and logistics solutions they need to keep their
airplanes flying.”

With more than 39,000 military aviation assets deployed worldwide and
an increasing desire for contractor support to enhance platform readiness,
Lockheed Martin’s global support enterprise provides best value and
reliable total system capability for the wide range of products
manufactured by the corporation.

Lockheed Martin embraces the performance-based logistics (PBL) concept
and has a number of award winning examples of successful partnerships. The
corporation also develops training programs integrated with its support
packages for its customers to improve operational availability and ensure
that mission-critical equipment and programs remain relevant for future
requirements.

Some of the corporation’s successful PBL partnerships are:

— C-130 — Lockheed Martin, Marshall Aerospace and Rolls-Royce are
working as a successful team to support the multiyear sustainment contract
for the United Kingdom’s C-130 aircraft. This partnership with the Royal
Air Force, called Hercules Integrated Operational Support (HIOS), will
ensure the Royal Air Force C-130s remain at a high level of readiness, and
is expected to save the British taxpayers millions of pounds over the next
20 years.

— F-117 — Lockheed Martin’s Total System Sustainment Partnership
(TSSP) with the U.S. Air Force for the F-117 Night Hawk provided complete
sustaining engineering and total logistics support including delivery of
technical publications and incorporation of lean manufacturing and repair
processes. This successful program saved the U.S. Air Force millions of
dollars over an eight-year period, reduced manpower as well as the
logistics footprint, and slashed impaired capability response time by more
than 40 percent.

— H-60 — The H-60 Tip-to-Tail support arrangement, a long-term fixed
price per flight hour agreement, has provided the U.S. Air Force with an 88
percent reduction in logistics response time and more than 71 percent
reduction in backorders. This partnering concept integrates the supply
support of 16 OEMs and 2 depots that keep this vital asset of the U.S. Air
Force mission ready for years to come.

— F-35 — The experiences and innovations in support of programs like
F-117 (TSSP) are being integrated into new air platforms and combat systems
such as the F-35 Joint Strike Fighter. The F-35 sustainment model begins
with an aircraft built to new standards of reliability, with
state-of-the-art prognostics/diagnostic systems that will reduce support
costs by over 20 percent.

“What our customers demand is increased system performance and
availability, and decreased cost for the life of their platforms. They want
to spend the limited funds they have on new equipment with increased
capability, and they want a lower cost to maintain these new combat systems
over their life-cycle. We find ways to help them do both,” Hewson said.

Lockheed Martin is a major supplier of logistics systems and services
to military and civil government customers. The corporation provides
solutions for platform maintenance, modifications and repair, material
readiness and distribution, and global supply chain command and control.

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 $42.billion.

SOURCE Lockheed Martin Aeronautics Company

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