Lockheed Martin Poised to Deliver on National Priority for Homeland Defense

Competitive source selection formed robust industry team to deliver missile interceptor for the nation

Lockheed Martin (NYSE: LMT) teamed with Aerojet Rocketdyne (NYSE: AJRD) on a proposal to compete for the Next Generation Interceptor (NGI) contract for The Missile Defense Agency (MDA).

Lockheed Martin is offering an interceptor designed from the ground up as an all-up-round to address all elements of environmental survivability from day one. Our partner Aerojet Rocketdyne will power our primary propulsion to address all U.S. Northern Command challenges to last for decades.

“We support the MDA’s vision for NGI, particularly in light of the Redesigned Kill Vehicle termination and a fast-moving threat environment. Evolution of our deployed Ground-Based Midcourse Defense (GMD) system to defend the homeland is critical,” said Sarah Reeves, vice president of Missile Defense Programs at Lockheed Martin. “The strength of our team comes from an understanding of how to design and sustain radiation hardened strategic systems, the application of advanced digital engineering, and unmatched hit-to-kill performance. This includes more than 100 successful intercepts and over 50 successful target missions.”

“Aerojet Rocketdyne has provided propulsion on the Ground-Based Midcourse Defense system since its inception, and we’re pleased to partner with Lockheed Martin on this next generation opportunity,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Today, we’re evolving our propulsion solutions with innovative advanced technologies to improve performance at lower costs.”

Lockheed Martin looks forward to disclosing the full composition of the NGI team in the near term. The team includes a balance of GMD incumbents and technology leaders best suited to deliver on this never-fail mission.

The views expressed are those of Lockheed Martin and do not constitute an endorsement by the Missile Defense Agency (MDA).

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

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 110,000 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: www.lockheedmartin.com.

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For further information: Lori O’Donley | 408-242-4934 | lori.a.o’donley(at)lmco.com