Lockheed Martin Receives Second IRST21 Spares Contract

ORLANDO, Fla., Aug. 4, 2016 – Lockheed Martin (NYSE: LMT) received its second contract to provide IRST21® sensor system spares to the U.S. Navy. The $23.7 million firm-fixed-price contract includes system spares to support the IRST21-equipped F/A-18E/F fleet.

The contract was awarded by the Defense Logistics Agency (DLA) Aviation, which is the U.S. military’s integrated materiel manager for repair parts and operating supply items in support of fixed- and rotary-wing aircraft. Lockheed Martin received its first IRST21 spares contract from DLA Aviation in 2015, valued at $16 million.

“The U.S. Navy will receive the spares in conjunction with the low-rate initial production deliveries, which enables cost savings in procurement and production,” said Paul Lemmo, vice president of Fire Control/SOF CLSS at Lockheed Martin Missiles and Fire Control. “Most importantly, it ensures that this new capability is readily available for the warfighter.”

The IRST21 sensor system uses infrared search and track technology to detect and track airborne threats. Compared to radar, IRST21 significantly enhances the resolution of multiple targets, enabling pilots to accurately identify threat formations at longer ranges. This “see first, strike first” capability empowers pilots with more reaction time and improves survivability.

IRST21 is the next generation of Lockheed Martin’s legacy IRST sensor system, which accumulated more than 300,000 flight hours on the U.S. Navy’s F-14 and international F-15 platforms. Currently, IRST21 flies mounted in the F/A-18E/F’s centerline fuel tank. IRST21 is also a component in Legion Pod®, Lockheed Martin’s offering for the U.S. Air Force F-15C IRST program.

For additional information, visit our website: www.lockheedmartin.com/irst21.

About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 125,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.