Lockheed Martin Receives $221 Million Contract Opt
Post# of 29735
Posted On: 09/05/2013 3:38:34 PM
Lockheed Martin Receives $221 Million Contract Option To Provide Flight Planning, Safety Services For General Aviation Commun...
ROCKVILLE, Md., Sept. 5, 2013 /PRNewswire/ -- The Federal Aviation Administration (FAA) has extended Lockheed Martin's (NYSE: LMT) work providing flight planning and safety support to pilots under the Automated Flight Service Stations (AFSS) contract. The contract option period begins October 1 with a total value of $221 million over two years.
(Logo: http://photos.prnewswire.com/prnh/20110419/PH85737LOGO-b)
Since 2005, Lockheed Martin Flight Services has modernized and improved delivery of general aviation flight planning services in the United States. Pilots are now able to file and close flight plans with Flight Services online; receive text, e-mail and satellite alerts regarding dangerous conditions; and activate precise life-saving search and rescue tracking capabilities. These technologies complement the expertise of Lockheed Martin Flight Services specialists who provide safe and efficient flight planning briefings to thousands of pilots annually via the phone and inflight radio. In 2012, the Lockheed Martin team accomplished the following:
Filed more than 1 million flight plans for aviation pilots;
Provided more than 1.5 million pilot weather briefings;
Answered 457,575 aviation radio contacts; and
Helped pilots in 6,691 aviation search and rescue events.
"We've combined our specialists' expertise with user-friendly technology, to enhance safety not only for general aviation pilots but for all users of the national airspace," said Jim Derr, director of aviation services for Lockheed Martin's Information Systems & Global Solutions business. "With this contract option, we look forward to continuing to invest in and deliver technology that enables pilots to receive timely flight safety and briefing information more easily."
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 116,000 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 2012 were $47.2 billion.
For additional information, visit our website:
http://www.lockheedmartin.com/transportation
SOURCE Lockheed Martin
Copyright 2013 PR Newswire
ROCKVILLE, Md., Sept. 5, 2013 /PRNewswire/ -- The Federal Aviation Administration (FAA) has extended Lockheed Martin's (NYSE: LMT) work providing flight planning and safety support to pilots under the Automated Flight Service Stations (AFSS) contract. The contract option period begins October 1 with a total value of $221 million over two years.
(Logo: http://photos.prnewswire.com/prnh/20110419/PH85737LOGO-b)
Since 2005, Lockheed Martin Flight Services has modernized and improved delivery of general aviation flight planning services in the United States. Pilots are now able to file and close flight plans with Flight Services online; receive text, e-mail and satellite alerts regarding dangerous conditions; and activate precise life-saving search and rescue tracking capabilities. These technologies complement the expertise of Lockheed Martin Flight Services specialists who provide safe and efficient flight planning briefings to thousands of pilots annually via the phone and inflight radio. In 2012, the Lockheed Martin team accomplished the following:
Filed more than 1 million flight plans for aviation pilots;
Provided more than 1.5 million pilot weather briefings;
Answered 457,575 aviation radio contacts; and
Helped pilots in 6,691 aviation search and rescue events.
"We've combined our specialists' expertise with user-friendly technology, to enhance safety not only for general aviation pilots but for all users of the national airspace," said Jim Derr, director of aviation services for Lockheed Martin's Information Systems & Global Solutions business. "With this contract option, we look forward to continuing to invest in and deliver technology that enables pilots to receive timely flight safety and briefing information more easily."
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 116,000 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 2012 were $47.2 billion.
For additional information, visit our website:
http://www.lockheedmartin.com/transportation
SOURCE Lockheed Martin
Copyright 2013 PR Newswire
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