Lockheed Martin release

NOAA AWARDS LOCKHEED MARTIN $10 MILLION CONTRACT FOR NEXT-GENERATION 
WEATHER SATELLITE SYSTEM PROGRAM DEFINITION AND RISK REDUCTION

DENVER, CO, October 31, 2005 -- Lockheed Martin [NYSE: LMT] has been 
awarded a $10 million, six-month contract by the National Oceanic and 
Atmospheric Administration (NOAA) for the Program Definition and Risk 
Reduction (PDRR) phase of the nation’s next-generation environmental 
satellite system, GOES-R. The contract has two options priced at an 
additional $10 million each.

NOAA’s Geostationary Operational Environmental Satellite (GOES) program 
has a 30-year history of success in observing and predicting the 
intensity and track of severe storms in the Atlantic and Pacific oceans, 
providing data for daily and long-range weather forecasting, and climate 
studies. In addition to the Earth-observing instruments, the GOES 
satellites also carry solar instruments that provide advance warning of 
events on the Sun, such as solar flares, that can impact life on Earth.

“We look forward to extending our partnership with NOAA and NASA to 
develop a high performance, low-risk, executable solution to meet the 
nation’s next-generation environmental satellite needs,” said Wes 
Colburn, vice president, Earth Observing Systems, GOES-R program 
manager, Lockheed Martin Space Systems Company (LMSSC).

These next generation GOES-R satellites will carry instruments that 
offer dramatic improvements in our ability to observe the Earth and the 
Sun and will lead to more accurate predictions of the intensity and 
landfall of hurricanes with longer lead times than today, significantly 
improving weather forecasts. Scientists will be able to use new 
observations to monitor the variability of atmospheric constituents 
associated with air quality and climate change. The aviation weather 
community will also benefit from more accurate upper level wind 
measurements, better predictions of clear air turbulence events, and an 
improved ability to detect and track volcanic ash that can damage jet 
engines.

In addition, GOES-R will field new capabilities. The satellites will 
carry a coastal waters imager capability that will view the entire U.S. 
coastline every three hours at high resolution. This instrument will be 
used to evaluate the ocean’s biological productivity, detect harmful 
algae blooms, and assess coastal zones after severe storms for 
protection of fragile ecosystems. These new and augmented capabilities 
provided by GOES-R will lead to significant economic benefits to the 
nation in the areas of weather and water, climate, ecosystems monitoring 
and management, and commerce and transportation.

The GOES-R team assembled by Lockheed Martin brings together the best 
assets available across the corporation, and throughout industry and 
academia, providing the in-depth experience and capabilities necessary 
to successfully execute the GOES-R program.

LMSSC leads the GOES-R program team and is responsible for the space 
segment. Lockheed Martin Integrated Systems & Solutions (IS&S) provides 
the systems integration and ground segment. Fifteen industry and 
academic partners chosen for the Lockheed Martin team based on their 
proven performance, bring additional domain expertise and key enabling 
technologies to the GOES-R effort.

Lockheed Martin Space Systems Company, a major operating unit of 
Lockheed Martin Corporation, designs, develops, tests, manufactures and 
operates a variety of advanced technology systems for military, civil 
and commercial customers. Chief products include a full-range of space 
launch systems, including heavy-lift capability, ground systems, remote 
sensing and communications satellites for commercial and government 
customers, advanced space observatories and interplanetary spacecraft, 
fleet ballistic missiles and missile defense systems.

Lockheed Martin Integrated Systems & Solutions (IS&S) closely aligns 
competencies and resources to address customer needs for 
horizontally-integrated, net-centric solutions. IS&S is composed of 
eight customer-focused lines of business and six teams of subject matter 
experts that draw upon vast expertise throughout Lockheed Martin to 
provide customers with the system-of-systems capabilities they need to 
support complex  net-centric operations.

Headquartered in Bethesda, Md., Lockheed Martin employs about 135,000 
people worldwide and is principally engaged in the research, design, 
development, manufacture and integration of advanced technology systems, 
products and services. The corporation reported 2004 sales of $35.5 billion.

-- 

Dishnut-P

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