Atlantic Research Corporation First Recipient of Lockheed Martin Missiles and Fire Control Value Improvement Partnership Award.

Business Editors/High Tech Writers

GAINESVILLE, Va.--(BUSINESS WIRE)--Sept. 5, 2000

Atlantic Research Corporation (ARC) received the first Value Improvement Partnership (VIP) award from Lockheed Martin Missiles and Fire Control (LMMFC) in a ceremony at ARC's Camden, AR, plant on July 17, 2000.

The award was presented by LMMFC President, Jim Berry, to Jim Sides, ARC's Chairman and CEO. The award, which recognizes the close business relationship between ARC and LMMFC, reads:

Value Improvement Partnership 2000

Lockheed Martin Missiles and Fire Control

recognizes your leadership and

contribution in the pursuit of

a lean enterprise

ARC

Lockheed Martin

Bringing Together Creative Minds

For Continuous Improvement

Mr. Berry characterized the LMMFC-ARC management relationship as analogous to "family" and noted that most business relationships are typically analogous to "association" or "friendship." "The Missiles and Fire Control-ARC relationship has reached the highest of the three levels," said Mr. Berry in his presentation of the award.

LMMFC created the VIP program to enhance its ability to meet the challenges of today's business environment and to transfer best practices between LMMFC and its strategic supplier partners. The VIP award recognizes supplier excellence and supplier partnerships as the foundation for mutual success.

In accepting the VIP award, Mr. Sides thanked Mr. Berry and praised the relationship between ARC and LMMFC over the last thirty years that "was built program-by-program and person-by-person". The ARC-LMMFC relationship began with auxillary propulsion for the SCOUT launch vehicle and evolved through the Anti-Satellite, Multiple Launch Rocket System (MLRS), Short-Range Homing Intercept Technology (SRHIT) and Extended Range Intercept Technology (ERINT) programs. Today ARC and LMMFC work together on the Extended Range MLRS, Army TACMS, JAVELIN, PAC-3, Guided MLRS, LOSAT and AFSS NetFires programs.

Located in Dallas and Orlando, Lockheed Martin Missiles and Fire Control develops, manufactures and supports advanced combat, missile, rocket and space systems. The company is organized in seven program/mission areas: Strike Weapons, Air Defense, Anti-Armor, Naval Munitions, Fire Control and Sensors, Fire Support and Product Development.

ARC, a unit of Sequa Corporation, is a leading developer and producer of solid propellant rocket motors, gas generators, advanced composite materials and liquid and electric propulsion systems for satellite station keeping out in space. ARC also produces automotive air bag inflators and supplies energetic components for the air bags from its high capacity propulsion plant in Camden, Arkansas. Visit the ARC web site at http:\\www.atlanticresearchcorp.com .

Sequa Corporation is a diversified industrial company whose other principal interests include the manufacture and repair of jet engine components, the coating of coiled steel and aluminum, and the production of specialty chemicals, can machinery, auxiliary press equipment, automotive products, and men's formal wear. Visit Sequa's web site at http:\\www.sequa.com .