Lockheed Martin Wins U.S. Army Contract for Intermediate New Generation Army Targetry System; Company Will Provide and Install Infantry and Armor Targets Worth Up to $87 Million.

Business Editors/Hi-Tech Writers

ORLANDO, Fla.--(BUSINESS WIRE)--Nov. 16, 2000

Lockheed Martin (NYSE:LMT) will provide and install live fire targetry equipment under the U.S. Army's Intermediate New Generation Army Targetry System (INGATS) contract with a potential value of $87 million over 5 years.

Lockheed Martin Information Systems will provide equipment that includes stationary and moving infantry and armor targets and will install these in both hardwired and radio-controlled ranges. Sound effects simulators, as well as installation and training, are included in the basic $7.7 million contract awarded by the U.S. Army Tank-Automotive & Armaments Command, Rock Island, Ill.

"The Army's need for stability of design and highly accurate hit detection matched our long-term experience and capabilities," said Lockheed Martin Information Systems President John Hallal. "This next-generation system will provide our customer superior live fire training ranges with logistics support at reduced cost far into the future."

Lockheed Martin's Next Generation Targetry System maximizes the use of commercial-off-the-shelf (COTS) equipment, modular configurations and efficient maintenance design. Soldiers train in scenarios executed by range control officers using a hand-held remote controller or a central range control station.

Smart targets respond to commands for movement, provide accurate feedback and simulated return fire using laser technology.

Lockheed Martin will install live-fire training ranges at Ft. Hood, Texas; Camp Ripley, Minn.; Ft. McCoy, Wis.; Ft. Eustis, Va.; Ft. Dix, N.J.; Camp Casey, Korea; Ft. Campbell, Ky.; Ft. Knox, Ky.; Grafenwoehr, Germany; and Ft. Stewart, Ga. Work on the basic contract will take place at the Lockheed Martin Information Systems facility located in Huntsville, Ala., and is expected to be completed by Dec. 31, 2001.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation's core businesses are systems integration, space, aeronautics, and technology services.