The evolution continues: Lockheed Martin to stand-up Rotary and Mission Systems next month

WASHINGTON, 8 Aug. 2016. Lockheed Martin Corp. (NYSE: LMT) is renaming its Mission Systems and Training business segment to Rotary and Mission Systems to reflect the recent acquisition of Sikorsky Aircraft and the realignment of other parts of the company. The new name will be effective on 5 Sept. 2016.

Aug 8th, 2016
Lockheed Martin Rotary and Mission Systems
Lockheed Martin Rotary and Mission Systems
WASHINGTON, 8 Aug. 2016.Lockheed Martin Corp. (NYSE: LMT) is renaming its Mission Systems and Training business segment to Rotary and Mission Systems to reflect the recent acquisition of Sikorsky Aircraft and the realignment of other parts of the company. The new name will be effective on 5 Sept. 2016.

The Lockheed Martin Rotary and Mission Systems (RMS) segment will have more than 1,000 programs, including helicopters, integrated air and missile defense, littoral warfare, undersea warfare, radar, electronic warfare, cyber solutions, C4ISR, and training and logistics systems.

The business area will support the U.S. Air Force, Army, Coast Guard, Missile Defense Agency, Marine Corps and Navy, as well as intelligence, civil, commercial and international military customers.

In November 2015 Lockheed Martin finished its acquisition of Sikorsky Aircraft in Stratford, Conn., and put it in the company's Mission Systems and Training (MST) segment as Sikorsky, A Lockheed Martin Company.

Since then, the division also added new capabilities from Lockheed Martin Information Systems & Global Solutions (IS&GS) and Missiles and Fire Control (MFC) Technical Services, including government cyber security solutions, and mission support services.

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Lockheed Martin Rotary and Mission Systems will have five lines of business C4ISR & Undersea Systems; Integrated Warfare Systems and Sensors; Ship and Aviation Systems; Sikorsky, a Lockheed Martin Company; and Training and Logistics Solutions.

The road to creating Lockheed Martin Rotary and Mission Systems goes back as far as 1917 and involves such American aerospace giants as the Glenn L. Martin Co.; General Electric Co.; and the Radio Corporation of America (RCA).

The former Lockheed Martin Mission Systems and Training (MST) segment was established in 2012 when company executives combined the former Lockheed Martin Maritime Systems & Sensors business unit and a portion of the former Global Training & Logistics business unit following the dissolution of the company's Electronic Systems segment.

Previous to that, Lockheed Martin established its Mission Systems & Sensors segment in 2010 by realigning two prior standalone Electronic Systems businesses -- the former Maritime Systems & Sensors, and the Systems Integration – Owego segments.

Before 2010 Lockheed Martin established the company's Maritime Systems & Sensors segment in 2003; its Electronics and Surveillance Systems and Lockheed Martin Systems Integration – Owego in 1998; and the Lockheed Martin Federal Systems – Owego segment in 1996.

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Lockheed Martin Corp. started in 1994 with the merger of Lockheed Corp. and Martin Marietta. Lockheed was established in 1919, while Martin Marietta began in 1961 with the merger of the Glenn L. Martin Co. and American-Marietta Corp.

Much of Lockheed Martin's radar and electronics expertise came from the former GE Aerospace segment, which Martin Marietta acquired from General Electric in 1993.

GE Aerospace was a notable radar house, which had acquired RCA Corp. in 1985. RCA was the original developer of the U.S. Navy Aegis shipboard combat system for Ticonderoga-class cruisers and Arleigh Burke-class destroyers. Aegis today remains an important business of Lockheed Martin Mission Systems and Training.

To be headquartered in Washington, D.C., Lockheed Martin Rotary and Mission Systems when it stands up next month will employ more than 35,000, including 10 percent outside the U.S. in Australia, Canada, Mexico, New Zealand, Poland, United Kingdom, and other countries.

For more information contact Lockheed Martin Mission Systems and Training online at www.lockheedmartin.com/us/mst.

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