The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from PR Newswire

Lockheed Martin Receives $80 Million Contract For U.S. And Indonesian Apache Sensor Systems

Monday, May 05, 2014

Lockheed Martin Receives $80 Million Contract For U.S. And Indonesian Apache Sensor Systems

10:00 EDT Monday, May 05, 2014

NASHVILLE, Tenn., May 5, 2014 /PRNewswire/ -- The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $80.6 million production contract for the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) on the AH-64 Apache helicopter.

This Lot 9 contract includes production of eight targeting and pilotage systems and spares for the U.S. Army and nine systems for the Indonesian Army. Indonesia is the 13th international customer to purchase the M-TADS/PNVS system. The contract extends production in Orlando and Ocala, Fla., through July 2016.

"This production lot directly supports the AH-64E production line," said Lt. Col. Steven Van Riper, U.S. Army Apache Sensors Product Manager. "Being able to 'bundle' our procurement with one of our Foreign Military Sales partners increases our buying power."

"The M-TADS/PNVS system is helping save lives of our U.S. and allied troops by giving Apache pilots the ability to engage targets accurately, and by improving situational awareness," said Matt Hoffman, M-TADS/PNVS program director at Lockheed Martin Missiles and Fire Control.

Fielded in 2005, M-TADS/PNVS provides Apache pilots with long-range, precision engagement and pilotage capabilities for safe flight during day, night and adverse weather missions. Lockheed Martin has delivered more than 1,200 M-TADS/PNVS systems and spares to the U.S. Army and international customers.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs approximately 113,000 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 2013 were $45.4 billion.

For additional information, visit our website: http://www.lockheedmartin.com

SOURCE Lockheed Martin

For further information: Melissa Hilliard, 407-761-0077; melissa.hilliard@lmco.com

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Secure Service
Customer Service
Advertising Privacy
Globe Recognition
Mobile Apps
NEWS APP
Other Sections