Lockheed Martin Awarded Contract to Support New NIH Organization: Contract reinforces Corporation’s growth in health arena

Rockville, Md., September 2nd, 2008 — Lockheed Martin [NYSE: LMT] announced today that the corporation received a single-award Indefinite Delivery/Indefinite Quantity (ID/IQ) contract worth up to $32 million over 5-years to support the National Institutes of Health (NIH). Lockheed Martin will provide technical, scientific, management and administrative services for NIH’s Office of Portfolio Analysis and Strategic Initiatives (OPASI). A newly-established organization, OPASI provides NIH and its constituents with methods and information to manage their complex scientific portfolios in the areas of emerging scientific opportunities or public health challenges. Lockheed Martin will work side-by-side with NIH staff to design, develop and maintain Web sites and databases; provide program evaluation and analysis; manage projects; and formulate standards and policies.

"Lockheed Martin is familiar with the complexities of integrating disparate information, programs and processes," said Douglas Ash, vice president of Lockheed Martin Health Services and Solutions. "We are proud to continue our support of NIH by helping to facilitate the integration of resources and research."

Lockheed Martin currently supports NIH in many ways including supporting the development, operation and maintenance of electronic records information systems, providing qualified IT and scientific personnel and editing biomedical thesauri.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2007 sales of $41.9 billion.


Source: Lockheed Martin
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