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Press release from PR Newswire

Lockheed Martin's PAC-3 Missile Successfully Intercepts Tactical Ballistic Missile Target During Test

Wednesday, August 29, 2012

Lockheed Martin's PAC-3 Missile Successfully Intercepts Tactical Ballistic Missile Target During Test16:06 EDT Wednesday, August 29, 2012DALLAS, Aug. 29, 2012 /PRNewswire/ -- Lockheed Martin's [NYSE: LMT] PAC-3 Missile successfully destroyed a tactical ballistic missile (TBM) target today at White Sands Missile Range, N.M., in an Operational Test conducted by the U.S. Army Test and Evaluation Command.  The test involved three incoming targets; two Patriot-As-A-Target TBMs and one MQM-107 drone. A ripple launch of two PAC-3 Missiles successfully engaged the second TBM. Preliminary data indicate all test objectives were achieved."The PAC-3 Missile continues to perform as expected under very stressing conditions," said Richard McDaniel, vice president of PAC-3 Missile programs in Lockheed Martin's Missiles and Fire Control business. "This was our third consecutive successful PAC-3 Missile flight test this year. With each successful test, the PAC-3 Missile adds to its legacy of proven performance."Three additional PAC-3 tests are scheduled for the second half of 2012, including flight tests that will demonstrate the Missile Segment Enhancement (MSE) capability in both the Patriot and MEADS systems.Lockheed Martin's Dallas facility is the prime contractor on the PAC-3 Missile Segment upgrade to the Patriot air defense system. The PAC-3 Missile Segment upgrade consists of the highly agile, combat-proven PAC-3 Missile, the PAC-3 Missile canisters, the Fire Solution Computers and the Enhanced Launcher Electronics System. Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 120,000 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 2011 were $46.5 billion.For additional information, visit our website:  http://www.lockheedmartin.comSOURCE Lockheed MartinFor further information: Craig Vanbebber, +1-972-603-1615, craig.vanbebber@lmco.com