Lockheed Martin receiving $14-Million annual support contract for the U.K’s Trident Missile Program

SUNNYVALE, Calif., - The U.S. Navy is awarding Lockheed Martin (NYSE: LMT) a one-year, $14.2-million contract for continued program management and engineering services for the United Kingdom’s Trident II D5 Fleet Ballistic Missile (FBM) program.

The Royal Navy’s Trident II D5 missiles, which are built by Lockheed Martin, are deployed aboard British-built Vanguard-class Trident ballistic missile submarines.

“In concert with our U.S. Navy customer, we look forward to providing another year of superior support to the Royal Navy,” said Bob Meier, U.K. Programs Manager, Strategic Missile Programs, Lockheed Martin Space Systems Company.

Under this contract, Lockheed Martin is providing program management and planning support to the Royal Navy, as well as technical support related to integration and operations for U.K. reentry systems, missiles and support systems. Spare parts also will be provided. Lockheed Martin is performing work at facilities in the United States and the United Kingdom, for this contract, which began April 1, 2007, and will conclude by March 31, 2008.