Lockheed Martin Space Systems Strategic
Missile Programs (SMP), Sunnyvale Calif., today was awarded a 12-month,
$12,411,025 contract from U.S. Navy Strategic Systems Programs to provide
program management and technical engineering support to the United Kingdom’s
TRIDENT II Fleet Ballistic Missile program.

The contract calls upon Space Systems to provide the British Royal Navy with
general support for UK TRIDENT II program management and planning, and
technical support for UK reentry systems, missile systems and support
systems and integration, production and operations, and flight testing.
Additionally, Space Systems will provide the British Royal Navy with spare
parts to support delivered support equipment, reentry body and missile body
assembly components.

Work on the contract will begin April 1, 2001 and will be completed by March
31, 2002. Contract work will be performed at Space Systems facilities
located in Sunnyvale, CA., Kings Bay, GA, Cape Canaveral, FL and Coulport,
Scotland.

“Since 1968, Lockheed Martin Space Systems has provided support to the UK
Royal Navy under the terms of the US-UK Polaris Sales Agreement,” said Doug
Banks, Manager, UK Programs. “We are very pleased to be continuing our
international partnership with the British Royal Navy for another year, and
look forward to providing many more years of superior support to the UK.”

The United Kingdom and the United States governments signed the Polaris
Sales Agreement (PSA) in April 1963. It began nearly three decades of
reliance by the UK on the Lockheed Martin built POLARIS A3 submarine
launched ballistic missile system for its strategic deterrence mission. In
1982, the PSA was modified at the request of the British government to
provide for the sale of the TRIDENT II D5 ballistic missile system,
associated equipment and related system support. The U.K. began replacing
the POLARIS A3 system in the mid-1990’s with the TRIDENT II D5 missile
system.

The UK strategic deterrent consists of four British-built Vanguard-class
TRIDENT ballistic missile submarines. Each submarine carries 16 TRIDENT II
D5 missiles. The first TRIDENT submarine, the HMS Vanguard, deployed on her
maiden operational patrol in December 1994. The fourth and final UK
strategic missile submarine, HMS Vengeance, deployed in February 2001. The
UK TRIDENT force operates from the submarine base at Faslane on the Firth of
Clyde in Scotland, with an associate Armament Depot at nearby Coulport.

Space Systems’ SMP has more than 40-years of experience in the research,
design, development, manufacture, integration, test and support of strategic
missile systems for the U.S. Navy and UK Royal Navy.

Lockheed Martin Space Systems-Missiles & Space Operations, Sunnyvale, CA, is
an operating division within Lockheed Martin Space Systems, Denver, CO. The
division is a world leader in the design, production and integration of
systems for space-based telecommunications, defensive and strategic
missiles, remote sensing and space science. Its diversified business base
ranges from the U.S. government to global commercial customers through its
operating unit, Commercial Space Systems.

Headquartered in Bethesda, MD, Lockheed Martin (NYSE: LMT – news) is a
global enterprise principally engaged in the research, design, development,
manufacture and integration of advanced-technology systems, products and
services. The Corporation’s core businesses are systems integration, space,
aeronautics, and technology services. Employing more than 140,000 people
worldwide, Lockheed Martin had 2000 sales surpassing $25 billion.

Contact: Lockheed Martin Missiles & Space (408) 742-7532