Lockheed Martin and ITT Corporation Team for U.S. Navy Electronic Warfare Competition

Dec. 1, 2008

SYRACUSE, N.Y. , Dec. 1 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has teamed with ITT Corporation, of Morgan Hill, CA , to compete for the U.S. Navy's Surface Electronic Warfare Improvement Program Block 2 Upgrade (SEWIP BLK 2). This program will lay the groundwork for the upcoming competition for the Navy's next-generation electronic warfare system.

In at-sea demonstrations this summer, the Lockheed Martin/ITT team's Integrated Common Electronics Warfare System (ICEWS) - a single enterprise solution designed to scale across all ship classes in the U.S. Navy's surface fleet - performed successfully. This ICEWS demonstration followed land-based testing and further validated the enterprise approach that the team has taken in developing sensor systems for U.S. Navy vessels.

Electronic warfare refers to the use - and denial of use - of the electromagnetic spectrum by a broad range of electronic technologies, including radar and other sensor systems. SEWIP BLK 2 will integrate systems that use common, multifunctional radio frequency equipment for use on future U.S. Navy destroyers, cruisers and aircraft carriers, as well as for backfits on existing vessels.

"The Lockheed Martin/ITT partnership brings more than 40 years of electronic warfare capabilities and experience together in a single team," observed Carl Bannar , vice president and general manager of Lockheed Martin's Radar Systems business. "We will provide a highly capable, modular solution that uses open systems architecture."

"We will leverage our existing relationship with Lockheed Martin supporting the AN/BLQ-10 submarine enterprise electronic warfare program to provide the Navy with a strong and experienced supplier," said Chris Bernhardt , president of ITT Electronic Systems.

Headquartered in Bethesda, MD , Lockheed Martin is a global security company that 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.

ITT Corporation (www.itt.com) supplies advanced technology products and services in several growth markets. ITT is a global leader in water and fluid transport, treatment and control technology. The company plays a vital role in international security with communications and electronics products; space surveillance and intelligence systems; and advanced engineering and services. It also serves a number of growing markets--including marine, transportation and aerospace--with a wide range of motion and flow control technologies. Headquartered in White Plains, NY , the company employs approximately 40,000 people and generated $7.8 billion in 2006 sales.

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

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

SOURCE Lockheed Martin

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