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Lockheed Martin Showcases F-35 Cockpit Demonstrator During Company Visit at Teletronics

Dépèche transmise le 28 avril 2011 par Business Wire

Lockheed Martin Showcases F-35 Cockpit Demonstrator During Company Visit at Teletronics

NEWTOWN, Pa.--(BUSINESS WIRE)--Lockheed Martin [NYSE: LMT] today showcased its F-35 Lightning II mobile cockpit demonstrator to employees; federal, state and local elected officials; other Pennsylvania-area suppliers and members of the media at Teletronics, a local supplier for the F-35 program.

“Teletronics employees are proud of the work they do to develop the instrumentation that monitors the performance of the F-35 structures and systems”

“The F-35 Lightning II is the world’s most advanced military aircraft and is essential to protecting the security interests of the US and our allies. It is important for our supplier companies and other stakeholders to experience firsthand the F-35’s superior performance capabilities and to recognize the important role they play in its creation,” said Steve Callaghan, Lockheed Martin Director for F-35 Washington Operations. “The development of this fifth-generation, multirole fighter aircraft represents more than a decade of investment that will produce yields for many years to come in terms of air dominance, security and commerce, and job creation.”

During today’s event, attendees received an update on the status of the program and had the opportunity to “fly” the F-35 cockpit demonstrator and experience firsthand how advanced stealth, fighter agility and integrated operations make the F-35 the most capable multirole fighter in the world. The cockpit is visually and audibly interactive and provides a realistic look at the F-35’s performance, air-to-air and air-to-ground capabilities, sophisticated sensor fusion and advanced computational capabilities.

“Teletronics employees are proud of the work they do to develop the instrumentation that monitors the performance of the F-35 structures and systems,” said Mansour Radman, President and CEO, Teletronics. “Our work on behalf of Lockheed Martin continues to contribute to the good of the nation and supports the type of high-technology jobs important to Pennsylvania and the greater US economy.”

Based on today’s numbers, the program supports a broad industrial base of over 1,300 suppliers in 47 states and Puerto Rico, contributing more than 127,000 direct and indirect US jobs and more than $12 billion in economic impact estimated for 2011. In Pennsylvania, that translates into more than 1,000 jobs and $64 million in local revenue. These employment figures and economic impact numbers are anticipated to increase as the program reaches full-rate production.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 132,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation’s 2010 sales from continuing operations were $45.8 billion.