National Press Release

COLUMBUS, Ohio, March 25 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today opened a state-of-the-art command center to support the Fleet Automotive Support Initiative-Global (FASI-G) program. FASI-G is a Defense Logistics Agency program intended to provide automotive parts support for military vehicles.

The new Global Sustainment Command Center will be staffed by experienced logistics professionals who will oversee inventory forecasting, order management and distribution to ensure cost effective and reliable operations. The Command Center leverages Lockheed Martin's proven supply chain management solution to provide around-the-clock decision support and world-class supply chain execution services.

"This facility will provide robust and reliable service, leveraging recent innovations to meet the needs of the U.S. military," said Rich Lockwood, vice president of Lockheed Martin's New Ventures line of business. "Ultimately, it all comes down to supporting the warfighter with the right part at the right place at the right time, every time."

Lockheed Martin won the competition to support land-based vehicle sustainment for all tactical and non-tactical U.S. military land-based vehicles over 10 years. FASI-G is part of the Defense Department's initiative to improve logistics and sustainment support to forces around the world through performance based logistics.

Lockheed Martin's collaboration with small businesses is a key component of FASI-G, with 80 percent of the program's supplier base coming from that sector.

Headquartered in Bethesda, Md., 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.

For additional information about Lockheed Martin, visit: http://www.lockheedmartin.com

SOURCE Lockheed Martin