Lockheed Martin CEO Meets Students At Warsaw University of Technology

Announces New $100,000 Engineering Scholarship

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Apr 29, 2014, 06:00 ET

WARSAW, Poland, April 29, 2014 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) Chairman, President and CEO Marillyn Hewson met today with students from the Warsaw University of Technology (WUT) who are participating in a Lockheed Martin funded research project studying the integration of manned and unmanned airborne systems. The project is a historic joint undertaking with the WUT, Poland's premier technical university.

Hewson is visiting Warsaw to promote the company's strategy for Poland and the Central European region, emphasizing themes of industrial partnership and research collaboration. The 24-month Warsaw University of Technology project, which began in November 2013, is an important part of this strategy.

Conducted by the Department of Automation and Aeronautical Systems at the University's School of Power and Aeronautical Engineering, the project aims to formulate recommendations for optimally using manned and unmanned airborne systems.

Hewson also announced that Lockheed Martin will fund a $100,000 new scholarship program with the Warsaw University of Technology. "The scholarship will encourage the continued collaboration between students here and those in leading U.S. engineering universities," said Hewson. "I'm confident that when we're working together, we can solve the complex challenges of the future that will advance our societies and keep our nations safe."

During the meeting, WUT students and teachers discussed aerospace industry needs for new experts in science, technology, engineering and mathematics (STEM). Hewson noted that Polish experts, particularly those in technical fields, are highly valued around the world. She added, "I am extremely pleased that Lockheed Martin has such a strong relationship with an important technical university in Poland. I eagerly await the results of our joint research project, and look forward to further developing our research cooperation and technology transfer."

Lockheed Martin is committed to investing in Poland's future engineers, who will add to the country's emerging technical and industrial base and help Polish industry meet emerging commercial and military requirements. The company, a world leader in aerospace technology, manufactures aircraft flown by nations around the world, such as the F-16 Fighting Falcon, C-130 Hercules and F-35 Lightning II, as well as next generation systems to defeat tomorrow's threats, such as the MEADS (Medium Extended Air Defense System) partnership with Italy and Germany being offered as a partnership to Poland.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs approximately 113,000 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 net sales for 2013 were $45.4 billion.

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