$43 Million Contract Extends Production of Lockheed Martin Target Sight System for U.S. Marine Corps Attack Helicopter

Orlando, Fla., July 24, 2015 – Lockheed Martin (NYSE: LMT) received a $43 million Lot 12 Target Sight System (TSS) production contract from the Naval Surface Warfare Center (NSWC), Crane Division. TSS is the fire control system for the U.S. Marine Corps’ AH-1Z attack helicopter.

Operationally deployed since 2011 and engineered to withstand harsh shipboard environments, TSS’ stabilized turret and high-performance sensors provide pilots with enhanced capabilities to acquire, track and designate multiple threats. The system’s advanced image processing allows pilots to see farther and deliver precision-strike capabilities at safe ranges, improving aircraft survivability and keeping pilots out of harm’s way. 

NSWC Crane awarded the initial TSS production contract in March 2008. Lockheed Martin delivered the first TSS in June 2009. TSS is produced at Lockheed Martin facilities in Ocala and Orlando, Florida. The Lot 12 contract extends production at these locations through 2017.

TSS is one of several high-performance stabilized targeting systems designed, manufactured, tested and supported by Lockheed Martin.

For additional information, visit our website: www.lockheedmartin.com.

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.