Lockheed Martin Hosts Small Business Innovators

Feb 16, 2006, 00:00 ET from Lockheed Martin

    MOORESTOWN, N.J., Feb. 16 /PRNewswire-FirstCall/ -- More than two dozen
 small, advanced technology businesses set up shop at Lockheed Martin's
 (NYSE:   LMT) Moorestown business today to share their innovations and
 capabilities directly with Lockheed Martin engineers.
     The companies participating in the Small Business Innovation Technology
 Day are working on Defense Department-funded programs to develop next-
 generation technologies under the Small Business Innovation Research program.
 Lockheed Martin invited 29 businesses to its Moorestown campus based on
 technologies directly related to ongoing or expected programs and customer
     "The purpose of this event is to collaborate with small companies to
 identify and leverage their innovation and technologies that are aligned with
 our products and customers," said Orlando Carvalho, vice president and general
 manager of Lockheed Martin's business in Moorestown.  "We trust these
 collaborations also have the potential to lead to long-term partnerships that
 will continue to enhance the value of the solutions we provide our customers
 in the future."
     The participating companies came from all corners of the United States,
 representing 12 states.  The technologies represented by the businesses
 covered a wide spectrum of high technology needs in a maritime environment,
 including unmanned vehicles, software development, signal processing, energy
 storage, nanotechnology, optical systems and display systems.
     Headquartered in Bethesda, MD, Lockheed Martin employs about 135,000
 people worldwide and is principally engaged in the research, design,
 development, manufacture, integration and sustainment of advanced technology
 systems, products and services.
                 For additional information, visit our website:

SOURCE Lockheed Martin