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Lockheed Martin Aeron. Systems Inc.

US101 Selected by U.S. Navy for Presidential Helicopter Replacement Program

Owego, New York (ots/PRNewswire)

The U.S. Navy today selected
the US101 for a new fleet of "Marine One" helicopters for the
President of the United States. Lockheed Martin, which leads Team
US101 as prime contractor, will receive a US$1.7 billion contract
from the Navy for the Marine One program's systems development and
demonstration phase. The team will build and equip the US101
medium-lift helicopter to provide a safe and secure "Oval Office in
the Sky" for the President.
"We are honored that trust has been placed in Lockheed Martin and
Team US101 for this vital and highly visible mission," said Robert J.
Stevens, president and chief executive officer of Lockheed Martin
Corporation (NYSE: LMT). "All members of Team US101, as well as the
executive leadership of the team's parent corporations, are committed
to meeting the demanding requirements of the U.S. government as we
provide the world's best helicopter system to serve our nation's
President."
Team US101 will immediately begin work on the program, building on
the staff and facilities already in place to support Navy-funded risk
reduction activities under way since March 2004. Near-term activities
involve the establishment of a secure presidential helicopter
facility, including a new integration center and hangars, at an
existing Lockheed Martin site in Owego, NY, and construction of
helicopter assembly facilities at Amarillo, TX. Staff recruiting also
is under way.
"We are proud to contribute our proven helicopter, backed by
significant operational experience, to serve as the basis for the
American President's new Marine One fleet," said Pier Francesco
Guarguaglini, chairman and chief executive officer of Finmeccanica,
AgustaWestland's parent corporation. "We are confident that the US101
will provide the best capability for the President, and we are
delighted that the U.S. government has chosen to entrust Team US101
with this important responsibility."
More than 200 suppliers in 41 states support Team US101, led by
Lockheed Martin with teammates Agusta Westland and Bell Helicopter
Textron. Suppliers include some of America's leading aerospace
companies, such as General Electric, ITT, Northrop Grumman, Kaman
Aerospace and Palomar Products.
Based on the current contract schedule, the first US101 ready to
transport the President is expected to be available in 2009, with the
entire fleet of 23 US101 delivered to the Marine One squadron by late
2014.
Team US101 is led by Lockheed Martin Systems Integration-Owego,
which serves as the prime contractor and systems integrator for the
American-built US101 aircraft, an American variant of
AgustaWestland's successful EH101 multimission helicopter. The US101
team collectively brings unmatched rotorcraft expertise and
experience to this program: Lockheed Martin (prime contractor and
systems integration), AgustaWestland (aircraft design) and Bell
Helicopter (aircraft production), while General Electric will supply
each helicopter with three, 2,500 shaft-horsepower CT7-8E engines.
For additional information visit:
                       http://www.TeamUS101.com
    Editor's Note: video footage of the helicopter in flight will be
available on January 28, 29, 30 and 31 at:
         Friday, Jan. 28              Saturday, Jan. 29
         7-7:15 PM ET                 2-2:15 PM ET
            &                         IA6/ Transponder 16
         9-9:15 PM ET                 C-band
         IA6/ Transponder 16          Downlink: 4020 Horizontal
         C-band                       Audio:  6.2 and 6.8
         Downlink: 4020 Horizontal
         Audio:  6.2 and 6.8
         Sunday, Jan. 30              Monday, Jan. 31
         2-2:15 PM ET                 10-10:30AM ET
         IA6/ Transponder 15          IA5/ Transponder 19
         C-band                       C-band
         Downlink: 4000 Vertical      Downlink: 4080 Vertical
         Audio:  6.2 and 6.8          Audio:  6.2 and 6.8
For technical assistance, please call: +1(212)812-7133 or 7134.
Broadcast-quality hard copy video may also be obtained by calling:
+1(212)812-7040.
Video is also available on CNN Newsource on Pathfire under the VNR
Tab. Look for slug "US101 Broll."
Web site: http://www.TeamUS101.com

Contact:

Mike Drake, US101 Communications, +1-607-751-3200,
mike.drake@lmco.com

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