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Lockheed Martin is a global security company that employs about 146,000 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 2008 sales of $42.7 billion. Lockheed Martin's operating units are organized into broad business areas. 1) Aeronautics, with approximately $11.5 billion in 2008 sales, includes tactical aircraft, airlift, and aeronautical research and development lines of business. 2) Electronic Systems, with approximately $11.6 billion in 2008 sales, includes missiles and fire control, naval systems, platform integration, simulation and training and energy programs lines of business. 3) Information Systems & Global Services (IS&GS), with approximately $11.6 billion in 2008 sales, includes C4I, federal services, government and commercial IT solutions. 4)Space Systems, with approximately $8 billion in 2008 sales, includes space launch, commercial satellites, government satellites, and strategic missiles lines of business.

Lockheed Martin Commercial Space Systems, an operating unit of Space Systems Company is at the forefront of a space-based telecommunications revolution that is connecting the world through voice, data, fax, television, radio and multimedia. The award winning A2100 modular bus design allows this powerful spacecraft to be configured to customers' specific needs, adding and changing components as required, and avoiding the cost and risk of new design development.

Lockheed Martin Space Systems Company, a major operating unit of Lockheed Martin Corporation, comprises two primary business units: Space Systems and Michoud Operations; and two joint ventures, United Space Alliance and United Launch Alliance. Space Systems comprises several core lines of business with major facilities in Denver, Colo., Sunnyvale, Calif., and other locations. Space Systems Company designs, develops, tests, manufactures and operates a full spectrum of advanced-technology systems for national security, civil and commercial customers. Chief products include human space flight systems; a full range of remote sensing, navigation, meteorological and communications satellites and instruments; space observatories and interplanetary spacecraft; laser radar; fleet ballistic missiles; and missile defense systems. Space Systems, with major operations in Denver, Colo., and Sunnyvale, Calif., is focused on several core lines of business: Human Space Flight, Global Communications Systems, Commercial Space, Sensing & Exploration Systems, Missile Defense Systems, Strategic Missiles, Commercial Launch Systems, Surveillance & Navigation Systems and Special Programs.

Lockheed Martin UK Holdings Limited, a subsidiary of Lockheed Martin Corporation [NYSE: LMT], has acquired HMT Vehicles Limited, a United Kingdom-based developer of designs for military vehicles. HMT Vehicles Limited (HMT) is a privately owned company that has funded the development for innovative designs that have been incorporated into light to medium high mobility wheeled military vehicles in the U.S. and U.K. HMT owns and licenses the intellectual property associated with these designs. Vehicles incorporating HMT’s designs are used as platforms for weapons programs such as the Lightweight Mobile Artillery Weapons System and the Soothsayer electronic warfare programs in the UK. Lockheed Martin plans on incorporating HMT’s designs into its vehicles for U.S. programs such as the Lightweight Prime Mover program and the U.S. Army’s Future Tactical Truck System (FTTS). Lockheed Martin UK Holdings Limited, located in London, will manage the HMT Vehicle business in coordination with Lockheed Martin Systems Integration, based in Owego, NY. “The HMT acquisition aligns with the Corporation’s cash deployment strategy of acquiring companies that enhance our core focus areas and position us for future growth,” said Bob Stevens, Lockheed Martin Chairman, President and Chief Executive Officer. “HMT’s highly innovative vehicle designs will enhance the functionality of Lockheed Martin’s vehicle products, which will benefit our customers and the critical missions they support worldwide.”

Lockheed Martin UK INSYS (formerly INSYS) is a defense contractor with four divisions. The company's communications and information systems unit provides network assisted, secure communications and information for portable weapons and equipment in land vehicles and craft. Its precision strike and maneuver division works with other contractors to provide tactical vehicles and weapons systems. The future concepts division focuses on special projects, weapon performance evaluation, and modeling and simulation. The company's manufacturing arm assembles and machines components for use by other defense contractors.

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