1995 Annual Report - Lockheed Martin

NASA last year chose Lockheed Martin Astronautics to provide the lander and orbitingspacecraft for the Mars Surveyor Program, which will study the martian atmosphere and soil aswell as search for water on the red planet. Late in the year, NASA also selected Astronautics tobuild the Stardust spacecraft for its Discovery Program. Stardust will collect interstellar materialand dust from a comet and return them to Earth for laboratory studies. In addition, we remain aprincipal subcontractor on the International Space Station with work valued at $1.3 billion.Lockheed Martin Technical Operations continued its record of mission success in engineeringand technical services for the Department of Defense, NASA and other government and privatesector customers, and has consistently received award fees in the "excellent" category. Amongthe 50 orbiting satellites controlled from Lockheed Martin Technical Operations is Hubble SpaceThe complementary capabilities inherent in theLockheed Martin merger are evident in the products andservices of the Space & Strategic Missiles Sector.Telescope, which is providing some of the most startling images of the universe, including stellarformation. Missiles & Space also provides NASA with a wide range of Hubble-related service andsupport functions, including preparation and execution of servicing missions, as well as telescopeoperations support at Goddard Space Flight Center.Another dynamic element of Space & Strategic Missiles Sector's business is ballisticmissile development and production. In 1995, 14 Trident fleet ballistic missiles were successfullylaunched as part of the Navy's 1995 operational test flight program. Missiles & Space has producedsix generations of submarine-launched strategic missiles for the U.S. Navy's Fleet BallisticMissile program.The Sector also completed four demonstration/validation flights of the Theater HighAltitude Area Defense (THAAD), the first weapon system designed specifically to defend againsttheater ballistic missiles. As prime contractor for THAAD, Lockheed Martin is working undera four-year, $745 million contract awarded in 1992 by the U.S. Army.The complementary capabilities inherent in the Lockheed Martin merger are evident inthe products and services of the Space & Strategic Missiles Sector, which is solidifying itsposition as a leader in satellite construction and launch services. As demands for high-speedglobal communications and remote sensing rise, Lockheed Martin is well poised to grow itscommercial and international space business.