Lockheed Martin Awarded 10-Year Contract to Support Special Operations Forces

March 3, 2009

Contract to Provide Full-Scope Logistics Support to Special Ops Troops Worldwide

GAITHERSBURG, Md. , March 3 /PRNewswire-FirstCall/ -- The U.S. Special Operations Command has awarded Lockheed Martin (NYSE: LMT) a 10-year, Indefinite Delivery/Indefinite Quantity contract potentially worth $5 billion to provide full-scope logistics support to Special Operations troops around the globe. The Special Operations Forces Support Activity Contractor Logistics Support (SOFSA CLS) contract provides a wide range of mission-critical services, from aircraft and vehicle maintenance to IT and electronics support.

Commenting on the announcement, Linda Gooden , Executive Vice President of Lockheed Martin Information Systems and Global Services, said, "We appreciate the vital role of this support to the men and women of the Special Operations Command and to our nation. We are committed to providing those war fighters with the support and services they need, and honored to be aiding their crucial missions."

SOFSA CLS has three primary components: aircraft, vehicle and equipment maintenance, critical infrastructure support, and business process transformation. Under the contract, Lockheed Martin will repair and maintain the fleet of Special Operations aircraft, ground vehicles, weaponry and electronics equipment, to include managing a global supply chain of parts, warehouses, and depots. The company will also manage and upgrade the Command's critical infrastructure, from secure IT networks to worldwide facilities. Finally, Lockheed Martin will work with SOFSA to implement leaner, more efficient business processes that will deliver more reliable, responsive support at lower costs and on shorter timelines. The minimum amount guaranteed under the ID/IQ contract is $2.5 million.

"Our first priority is ensuring a smooth and seamless transition of services to the Lockheed Martin team, so that the warfighter does not miss a beat," noted John Surdo , Lockheed Martin's SOFSA CLS Program Director and General Manager. "We have a robust transition plan already in motion. Once the transition is underway, we'll partner with SOFSA to implement a continuous improvement program that will streamline and transform logistics and business operations, helping provide even more effective and efficient support to the warfighter."

Lockheed Martin provides logistics and sustainment services to military and government agencies worldwide, and has a global network of people, facilities, suppliers and partners supporting 24x7 operations.

Headquartered in Bethesda, Md. , Lockheed Martin is a global security company that employs about 146,000 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 2008 sales of $42.7 billion.

For additional information, visit our website: http://www.lockheedmartin.com

SOURCE Lockheed Martin

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