Lockheed Martin to Pursue International Airborne ISR Opportunities with Finmeccanica and L-3 Communications Systems-West
20/07/2010 07:01
PR Newswire
FARNBOROUGH, England, July 20, 2010 /PRNewswire/ --
Lockheed Martin (NYSE: LMT) announced today that it has entered into an
agreement with Italian-based Finmeccanica (FNC: IM) and L-3 Communication
Systems-West to pursue international airborne intelligence, surveillance and
reconnaissance business.
"Our customers' future requirements demand innovative solutions that
support their missions with the technologies of tomorrow," said Jim Quinn,
Vice President with Lockheed Martin's ISGS-Defense. "This agreement allows us
to leverage our combined strengths to offer customers world-class
intelligence, surveillance and reconnaissance solutions."
"Drawing upon our C4ISR, ground systems and information interoperability
expertise, we will leverage the resources, talent, and ideas from our
companies to produce innovative solutions for global and national security
challenges," said Paolo Solferino, Vice President of Finmeccanica's Elsag
Datamat Defense, Space and Environment Division.
"Joining forces with Lockheed Martin will allow us to deliver the best
value to customers around the globe," said Al Modrovsky, Vice President of
strategic initiatives with L-3 Communication Systems-West. "Our companies
provide customers with decades of proven performance in the delivery of
leading-edge C4ISR solutions."
As a part of this agreement, the companies will jointly pursue technical
and strategic airborne ISR opportunities. These include territorial
situational awareness and control in support of Homeland Defense and Homeland
Security operations; planning and mission rehearsal capabilities to optimize
the employment of C4ISR assets in support of military and civil operations;
and integrated logistics support capabilities for the C4ISR systems
lifecycle.
Combined, these companies offer customers the most technically advanced
C4ISR capabilities available today. For more than 30 years, Lockheed Martin
has developed and supported strategic ground, airborne and space ISR systems.
L-3 Communication Systems-West is a leader in systems for high-performance
intelligence collection, imagery processing and satellite communications.
Elsag Datamat is the Finmeccanica center of excellence for solutions in
automation, security, transport, defence & space, and brings expertise in
command & control systems, mission planning, simulation and training,
communication systems and logistic information systems.
Headquartered in Salt Lake City, Utah, L-3 Communication Systems-West is
a leader in communications systems for high-performance intelligence
collection, imagery processing and satellite communications for Department of
Defense (DoD) and other government agencies. The company provides high data
rate, wideband, secure, real-time communications systems for surveillance,
reconnaissance and other airborne intelligence collection systems. To learn
more about L-3 Communication Systems-West, please visit the company's website
at http://www.L-3com.com/CSW.
Headquartered in Bethesda, Md., Lockheed Martin is a global security
company that employs about 136,000 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 2009 sales of US$45.2 billion.
For additional information, visit our website:
http://www.lockheedmartin.com
Suzanne Smith of Lockheed Martin, +1-303-932-5230, suzanne.m.smith@lmco.com
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