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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Lockheed Martin Corp | NYSE:LMT | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-1.29 | -0.28% | 461.91 | 462.93 | 457.1701 | 462.93 | 910,783 | 01:00:00 |
ORLANDO, Fla., Oct. 5, 2015 /PRNewswire/ -- The Royal Netherlands Air Force selected Lockheed Martin's (NYSE: LMT) Sniper Advanced Targeting Pod (ATP) to equip its F-16 fleet, becoming the 21st international customer to acquire the multi-mission system.
The contract was awarded through the Dutch Defence Materiel Organisation and includes 29 Sniper ATPs as well as support equipment, training and sustainment. Pod deliveries will begin in the first quarter of 2016.
"Expedited delivery will enable the Royal Netherlands Air Force to rapidly deploy Sniper ATP to support current mission requirements," said Rich Lovette, director of Sniper international programs at Lockheed Martin Missiles and Fire Control. "Maintaining a high availability rate through our award-winning sustainment program will also ensure the Sniper ATPs remain operational for warfighters."
Under this contract, Lockheed Martin will provide sustainment support for the Royal Netherlands Air Force through a Performance-Based Logistics program. Depot repairs will be performed at the Warner Robins Air Logistics Complex through Lockheed Martin's partnership with the U.S. Government.
Sniper ATP detects, identifies, automatically tracks and laser designates small tactical targets at long ranges. It also supports employment of all laser- and GPS-guided weapons against multiple fixed and moving targets. Sniper ATP is interoperable across multiple platforms, including U.S. Air Force and multinational F-2, F-15, F-16, F-18, A-10, B-1 and B-52 aircraft.
For additional information, visit our website: www.lockheedmartin.com/sniper.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 112,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's net sales for 2014 were $45.6 billion.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-netherlands-chooses-lockheed-martins-sniper-advanced-targeting-pod-for-f-16-fleet-300153972.html
SOURCE Lockheed Martin
Copyright 2015 PR Newswire
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