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ATK, Lockheed Martin and Northrop Grumman Announce Teaming Agreement to Jointly Pursue Future Multi-Role Weapon Programs

2008-07-16 08:45:00

    FARNBOROUGH, England, July 16 /EMWNews-FirstCall/ -- Alliant

Techsystems (NYSE: ATK), Lockheed Martin (NYSE: LM) and the Northrop

Grumman Corporation (NYSE: NOC) announced that they have signed a teaming

agreement to jointly pursue the emerging market for advanced capability

multi-role weapons. This team provides any potential customer in this

market with the product options that offer the best capabilities, schedule,

and price available. This is achieved through the integration of the

capabilities that the team provides across sensors, automatic target

recognition, guidance navigation and control, air vehicles, propulsion,

lethality, survivability, mission planning, platform integration, system

engineering, and program management.



    As the F-22 Raptor, F-35 Lightning II, unmanned aerial systems, and

future aircraft platforms are fielded over the next decade, the team

believes that an advanced multi-role weapon requirement will emerge in the

future that covers both the air-to-air and air-to-ground missions. This

team, with its current weapon programs and demonstrated advanced technology

capabilities, is confident that it will offer the customer best value

options to meet this need.



    ATK is a premier aerospace and defense company with more than 17,000

employees in 21 states and $4.5 billion in revenue. News and information

can be found on the Internet at http://www.atk.com.



    Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000

people worldwide and is principally engaged in the research, design,

development, manufacture, integration and sustainment of advanced

technology systems, products and services. The Corporation reported 2007

sales of $41.9 billion.



    Northrop Grumman Corporation is a global defense and technology company

whose 120,000 employees provide innovative systems, products and solutions

in information and services, electronics, aerospace and shipbuilding to

government and commercial customers worldwide.




ATK Media Contact: Tom Van Leunen Phone: 703-412-3218 E-mail: [email protected] Lockheed Martin Media Contact: Name: Heather Kelly Phone: 407-356-5351 E-mail: [email protected] Northrop Grumman Media Contact: Name: Katie Lamb Phone: 410-993-5686 E-mail: [email protected]

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