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EDO Corporation (NYSE: EDO) has been selected by Lockheed Martin
(NYSE: LMT) to provide the ALR-95 tactical radar Electronic Support
Measures (ESM) and surveillance system for seven P-3C aircraft. The
contract is valued at more than $8 million with deliveries beginning
in mid-2008.
As prime contractor to the U.S. Navy's Naval Air Systems Command,
Lockheed Martin is the mission system integrator for upgrading the
P-3C aircraft's mission avionics. Lockheed Martin and EDO have
collaborated for 10 years to provide the U.S. Government and foreign
military customers with an ESM solution in support of the P-3C
aircraft.
The ALR-95 is a state-of-the-art maritime-patrol ESM system that
enhances the aircraft's survivability by detecting, identifying, and
locating hostile radar signals early and efficiently. With this
information, the aircrew is able to react to the threat.
"EDO's extensive line of Electronic Support Measure products are
used in airborne, ground, and shipborne monitoring systems around the
world," said James M. Smith, EDO's chief executive officer. "The
selection of our ALR-95 system for this program underscores our strong
position in providing airborne ESM systems for the P-3 community."
The P-3C Orion is a highly maneuverable aircraft primarily
designed for reconnaissance, anti-submarine and anti-surface vessel
operations. It has proven to be very effective in its maritime patrol
mission including combating the complex challenges of the war on
terrorism, arms smuggling, and drug trafficking at sea.
EDO Corporation designs and manufactures a diverse range of
products for aerospace, defense, intelligence, and commercial markets.
Major product groups include: Professional and Engineering Services,
Defense Electronics, Communications, Aircraft Armament Systems,
Undersea Warfare, and Integrated Composite Structures. EDO's advanced
systems are at the core of the transformation to lighter, faster, and
smarter defense capabilities.
With headquarters in New York, EDO Corporation (www.edocorp.com)
employs 4,000 people worldwide. The company was founded in 1925 and
had revenues of $715 million in 2006.
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