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Lockheed Martin Receives $42 Million Extension on Cargo Mission Contract

Written by thomas · Filed Under Aeronautics News 

July 25, 2008

thomas

HOUSTON, July 24 /PRNewswire/ — The National Aeronautical and Space
Administration (NASA) recently announced it awarded Lockheed Martin (NYSE:
LMT) a one-year contract extension of the Cargo Mission Contract (CMC)
valued at $42 million. The extension provides integration services for
cargo delivery to and from the International Space Station (ISS). The
extension begins Oct. 1, 2008, and is the first of two options in the
original contract.

“Lockheed Martin CMC has achieved a history of excellent performance
and safety on the Cargo Mission Contract,” said Lockheed Martin Vice
President Rick Hieb. “We are pleased to continue offering the ISS Program
the same kind of responsive operations and engineering support that we have
since the beginning of the contract.”

The Lockheed Martin CMC team has a proven history of rapid responses to
the dynamic ISS environment, supporting frequent changes in manifests and
exploring a variety of options to increase up mass on the remaining shuttle
missions. The CMC team also supports the ISS strategy of prepositioning
external Orbital Replacement Units on orbit to ensure operations post
shuttle retirement including design, build and integration of flight
support equipment. Other contract requirements include processing and
exporting cargo for resupply of ISS via international vehicles such as the
Russian Progress and Soyuz, European Space Agency’s Automated Transfer
Vehicle, and the planned Japan Aerospace Exploration Agency’s first launch
of the H-II Transfer Vehicle.

In addition to CMC, Lockheed Martin’s Houston team has a long history
of providing support to Johnson Space Center. Services include systems
engineering and analysis, control center design, development and
operations, life sciences services, high performance computing center
operations and maintenance, Human in-the-loop simulations, and research and
specialized facilities.

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.

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