Lockheed Martin today
announced that Boeing Satellite Systems has joined its team in the competition
to develop the U.S. Navy’s next generation narrowband tactical satellite
communications system, known as the Mobile User Objective System (MUOS).

The team, composed of Lockheed Martin Space & Strategic Missiles,
Sunnyvale, Calif., General Dynamics Decision Systems, Scottsdale, Ariz., and
Boeing Satellite Systems, El Segundo, Calif., will compete for the
multi-billion dollar Pre-Acquisition System Definition and Risk
Reduction/Acquisition and Operations phases of the MUOS contract, scheduled to
be awarded by the U.S. Navy Space and Naval Warfare Systems Command,
San Diego, Calif. in first quarter 2004. The Lockheed Martin-led team is
currently conducting architecture and risk reduction activities as part of a
14-month Component Advanced Development contract awarded in Sept. 2002.

“The addition of Boeing further strengthens our team’s ability to provide
the Navy with a best value solution to the MUOS requirements,” said
Leonard F. Kwiatkowski, vice president, Lockheed Martin Space & Strategic
Missiles in Sunnyvale. “We are excited to combine our systems engineering,
MILSATCOM, and commercial satellite experience with that of General Dynamics
and Boeing; and the entire team is focused on improving our solution for the
next-generation of mobile satellite communications to the warfighter.”

MUOS is an element of the DoD’s Advanced Narrowband Communications system
and will replace the current Ultra High Frequency Follow-On (UFO) system over
the next two decades. The Navy’s UFO system currently provides narrowband
tactical satellite communications to Joint Forces and Coalition partners and
was initially launched in 1993.

Lockheed Martin Space Systems Company, headquartered in Denver, Colo., is
one of the major operating units of Lockheed Martin Corporation. Space
Systems designs, develops, tests, manufactures and operates a variety of
advanced technology systems for military, civil and commercial customers.
Chief products include space launch and 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.

General Dynamics Decision Systems, based in Scottsdale, Ariz., is a leader
in products and systems for communications, situational awareness and
information assurance for defense and industrial customers in the U.S. and
abroad. More information about the business unit can be found at
http://www.gd-decisionsystems.com . General Dynamics, headquartered in
Falls Church, Virginia, employs approximately 54,000 people worldwide and
anticipates 2002 revenues of $14 billion. The company has leading market
positions in land and amphibious combat systems, mission-critical information
systems and technologies, shipbuilding and marine systems, and business
aviation. More information about the company can be found at
http://www.generaldynamics.com .

Boeing Satellite Systems, the satellite-manufacturing arm of
Boeing Integrated Defense Systems, is the world’s leading manufacturer of
commercial communications satellites and a major provider of space systems,
satellites, and payloads for national defense, science and environmental
applications.

For more information about Lockheed Martin Space Systems, see our website
at http://lmms.external.lmco.com /.

CONTACT: Steve Tatum of Lockheed Martin Space Systems Company,
+1-408-742-7531, or pager, +1-888-926-2912, or stephen.o.tatum@lmco.com.