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Lockheed Martin wins Arrowhead production contract

July 27, 2009

ORLANDO, Fla., 27 July 2009. The U.S. Army awarded Lockheed Martin [NYSE: LMT] a $142 million follow-on production contract for the Apache Arrowhead® system – the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) for the AH-64D Apache attack helicopter.

The Lot 6 contract includes 55 Arrowhead kits for U.S. Army Apache helicopters and kits for several international customers. More than 850 systems will have been delivered with the completion of the Lot 6 contract, which extends production through December 2011.

The Arrowhead kit modernizes the U.S. Army's Target Acquisition Designation Sight/Pilot Night Vision Sensor (TADS/PNVS) – known as the "eyes of the Apache" – by upgrading the infrared sensors and associated electronics. The Arrowhead system provides Apache pilots the most advanced long-range, electro-optical precision engagement and pilotage capabilities, ensuring safe flight during day, night, and adverse-weather missions.

"The Arrowhead equipped Longbow Apache is an attack, security, and reconnaissance asset every ground commander wants overhead. This demand for the best sight sensor and attack helicopter combination has been consistent throughout the past eight years of military operations," says Apache Sensors Product Manager Lt. Col. John Vannoy. "Lot 6 will provide the kits required to complete the outfitting of our active component force."

"Arrowhead enhances system reliability and maintainability, which is extremely important to the Warfighter when the system must operate in severe environments at increased operational tempos," says Lockheed Martin Apache Fire Control Vice President Bob Gunning. "Arrowhead's improved capabilities allow the Apache to serve in multiple roles in contingency operations."

Lockheed Martin rolled out the first Arrowhead system to the U.S. Army in May 2005, and completed integration on the first Apache helicopters in June 2005.

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