Lockheed Martin Signs Research Agreements With Turkish Universities

BETHESDA, MD AND ISTANBUL, TURKEY, November 20, 2012 – Lockheed Martin [NYSE: LMT] signed advanced technology research agreements today with Koç University and Sabancı University in Istanbul, Turkey.

Lockheed Martin will pursue net-centric technology research with Koç University in a continuing effort to provide systems and tools that help soldiers and commanders better address battlefield challenges of sharing data, managing networks, and exercising effective command and control of deployed forces. A second research area will focus on advanced manufacturing technology.

With Sabancı University, the company will work on radar technology research. Lockheed Martin has more than 65 years experience with radar technologies and has designed and developed ground-based, airborne and space radars that monitor the skies and protect borders and coastlines. Lockheed Martin will also work with Sabancı researchers on energy harvesting technology.

“We are extremely pleased to become partners with these prestigious research universities. Our collaboration will advance critical defense technologies for the benefit of both of our countries,” said Dr. John D. Evans, Lockheed Martin’s Vice President of Technology and Innovation. “I look forward to working closely with the talented scientists and engineers at Koç University and Sabancı University.”

Koç University President Umran Inan said “This collaboration is fully consistent with our overall goals of leveraging university-industry collaborations at both national and international levels. Lockheed Martin is a leading advanced technology company and we are pleased that our faculty and students will have the opportunity to work with their scientists and engineers in developing new technologies for a wide range of applications.”

Sabancı University President, Prof. Dr. A Nihat Berker, emphasized the significance of research collaboration with Lockheed Martin, saying that “Sabancı University is one of the very few universities which has not only built into its vision and mission the element of university-industry partnerships, but has also placed tremendous efforts behind the realization of this vision. One of our main motivations is to engage in value-added research, and I believe joint research efforts with Lockheed Martin will benefit both institutions greatly.”

The company celebrated the signings during a ceremony with customers, government officials, university staff, and employees today in Istanbul.

About Koç University
Koç University was founded in 1993 in Istanbul, Turkey. It offers 22 undergraduate, 28 graduate and 14 PhD programs. Ninety-five percent of the full-time faculty members have doctoral degrees from top-tier universities in the United States and Europe, while the remaining five percent are recruited from top Turkish universities.

About Sabancı University
With about 3,736 students of which 20 percent are involved in graduate level study, and 188 faculty members, Sabancı University directs its research efforts primarily towards applied and strategic research. Sabancı University, founded in 1997, began classes two years later in Istanbul, Turkey. Recently ranked number one in the “most innovative and entrepreneurial university index” in Turkey, Sabancı University offers 14 undergraduate and 21 graduate degree programs. Sabancı University is distinguished by its focus on providing its students with a competitive advantage in global business, engineering and the social sciences.

About Lockheed Martin
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 120,000 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 2011 were $46.5 billion.