Lockheed Martin Wins Republic of Singapore Air Force Contract for Sniper® Advanced Targeting Pods ORALNDO, FL, May 7th, 2008 -- Lockheed Martin [NYSE: LMT] has received a direct commercial sale contract from the Republic of Singapore Air Force (RSAF) for Sniper® Advanced Targeting Pods (ATP) for the nation’s F-16 Block 52 aircraft. The contract, which includes integration, spares, support equipment and integrated logistics support, will expand the RSAF fleet of Sniper ATPs across its F-15 and F-16 aircraft. Contract values were not disclosed.
"The RSAF carefully chose Sniper ATP, the world’s most advanced targeting pod, for its world class reliability, long-range performance advantages that allow aircrews to complete missions successfully outside threat ranges, as well as its unique capabilities and interoperability within the RSAF fleet," said Marc Nazon, International Programs Manager at Lockheed Martin Missiles and Fire Control. "Sniper ATP offers aircrews precision engagement opportunities while remaining well out of harm’s way."
With deliveries beginning in 2010, the RSAF will benefit from the Sniper ATP’s exceptional stability and superior imagery, which allow aircrews to positively identify targets of interest from extended standoff ranges.
Sniper ATP will achieve seamless integration with no operational limitations on the F-16 Block 52 aircraft, and Sniper ATP offers the low-risk, high-performance and support cost savings that no other system can match. Sniper ATP also provides operational and support commonality advantages across multiple international users and platforms.
Currently, Sniper ATP is flying on the U.S. Air Force and multinational F-16s, F-15s, B-1, F-18s, Harriers and A-10 and is being integrated on the B-52 aircraft. Sniper ATPs have accumulated tens of thousands of flight hours in thousands of sorties throughout Operations Iraqi Freedom and Enduring Freedom.
Lockheed Martin has orders for Sniper ATPs from nine international customers and the U.S. Air Force/Air National Guard. Awarded in 2001, total contract value with the U.S. Air Force/Air National Guard has the potential to exceed $850 million.
Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2007 sales of $41.9 billion.
Heather Kelly, 407-356-5351
e-mail, heather.kelly@lmco.com
Source
http://www.lockheedmartin.com/news/press_releases/2008/MFC_050708LMWinsRepublicSingaporeAirForceContractSniper.html
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