LOCKHEED MARTIN AWARDED $10 MILLION PROGRAM FOR AC-130U GUNSHIP SENSOR
SYSTEM

ORLANDO, FL, January 11, 2005

Lockheed Martin [NYSE: LMT] received a $10.7 million contract from
Boeing Integrated Defense Systems (IDS) to provide the Gunship
Multispectral Sensor System (GMS2) for the U.S. Air Force's AC-130U
aircraft. The initial contract is for the system's development phase
with production options that could result in a total program value of
$35 million.

GMS2 will serve as the multi-spectral sensor for the four new AC-130U
Gunships being procured by the Air Force, and replaces the All Light
Level TV (ALLTV) sensor currently on the AC-130U. GMS2 integrates
third-generation infrared sensing technology with image intensified
low-light TV cameras and a suite of lasers to enable the AC-130U to
perform its Gunship missions with far greater effectiveness. Boeing IDS
is the prime contractor for the AC-130U upgrade program.

The Lockheed Martin GMS2 is a variant of the Hawkeye Target Sight
System, which is now in flight testing on the U.S. Marine Corps' AH-1Z
Cobra attack helicopter.

"Recent GMS2 sensor tests conducted at the White Sands Missile Range
demonstrated the suitability of our system to fulfill the mission
requirements of the AC-130U," said John Curry, Lockheed Martin GMS2
program manager. "We believe that what our customer witnessed, in terms
of our performance, was key to helping us win the competition."

"Selection of a Hawkeye variant by Boeing and the Air Force for GMS2
validates our commitment to providing the most advanced sensor
capabilities available for meeting our customer's needs," said Tom
Simmons, vice president, Fire Control line of business, at Lockheed
Martin Missiles and Fire Control.

Lockheed Martin will build and deliver five systems plus spares under
the GMS2 contract as well as provide integration support and product
support services to Boeing. The contract will be completed by the fall
of 2006.

I see a lot of C130s flying around my house living near their production plant. They are OLD designs but have been well converted into airborne tanks. I've seen some practicing STO and its pretty impressive with the rocket boosters. Kind of like the 747... It'll never die.

Can it detect handheld green lasers directed at cockpits on approach? If so, there may be some commercial interest!

It's extremely refreshing to read of continued utilization of an aircraft that has served the free world so completely, as both a weapon of war and an instrument of peace and charity. Yet another unparalleled Lockheed success story!

Sign me up for one. Planerench out.

Quoted: Sign me up for one. Planerench out.

You were the guy I had in mind!