Lockheed Martin Showcases Proven Performance, Global Partnerships and Innovation at DEFEXPO INDIA 2008

BETHESDA, Md., Feb. 18 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today highlighted its proven systems performance, global partnerships and innovative initiatives during a series of executive briefings at India's largest Land and Naval Systems exhibition, DEFEXPO INDIA 2008.

Company executives emphasized the continued success and performance of the Corporation's internationally fielded, combat-proven systems such as the F-16, C-130J Super Hercules, PAC-3 Missile and Sniper Advanced Targeting Pod. The Corporation's Maritime capabilities, as well as advanced C4ISR net-centric capabilities were also touted. Additionally, the briefings focused on expanding the Corporation's customer base through international partnerships, as well as corporate investments in international innovation programs, such as the recently built-Lockheed Martin Ambar Jyoti Net Centric Operations Centre located in Gurgaon, India .

"We are matching our corporate breadth to customer requirements, and developing industrial partnerships for global growth," said Rick Kirkland , Lockheed Martin President , South Asia. "We have established a long-term presence in India with the opening of our India subsidiary, Lockheed Martin India Pvt. Ltd . Former U.S. Ambassador, Douglas A. Hartwick is the Chief Executive of Lockheed Martin India Pvt. Ltd . and has the mission to support Indian defense and government agencies through global partnerships and presence in world markets."

Additionally, the Corporation has demonstrated its commitment to India through programs like the Lockheed Martin India Innovation Growth Program, now in its second year, helping Indian entrepreneurs and their technologies succeed in the global marketplace.

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."

SOURCE Lockheed Martin