Lockheed Martin Concludes 2007 with Record Accomplishments in Operational and Next-Generation Missile Defense Capabilities

BETHESDA, Md., Jan. 8 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) achieved significant milestones on several critical missile defense programs during 2007, including nine target missile intercepts by weapons systems developed by the corporation...


BETHESDA, Md., Jan. 8 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) achieved significant milestones on several critical missile defense programs during 2007, including nine target missile intercepts by weapons systems developed by the corporation. Lockheed Martin-developed missile defense systems now have achieved more than 40 successful intercepts since the 1980s. Lockheed Martin also continues to lead the development of new missile defense technology and is the only company to do so across the spectrum of boost-, mid-course- and terminal-phase defenses.

"Lockheed Martin's capable products allow our friends and allies to find and engage missile threats with speed, precision and confidence," said David Kier , Lockheed Martin vice president and managing director of Missile Defense. "Our strong record of performance and mission success means safety and protection for our deployed troops and civilian populations at home."

Lockheed Martin plays a critical role in the nation's ballistic missile defense system being used today. In addition to operational defenses, Lockheed Martin provides the backbone systems that integrate the sensors, command and control, and weapon system elements of the ballistic missile defense system. The corporation is also focused on next-generational capabilities, and provides targets and other methods to test system elements.

Lockheed Martin is a world leader in systems integration and the development of air and missile defense systems and technologies, including the first operational hit-to-kill missile defense system. It also has considerable experience in missile design and production, infrared seekers, command and control, battle management, and communications, precision pointing and tracking optics, as well as radar and signal processing. The company makes significant contributions to major U.S. missile defense systems and participates in several global missile defense partnerships.

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.

SOURCE Lockheed Martin