Lockheed Martin Launches Healthcare Technology Alliance

The alliance will foster collaboration with industry and academic partners

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Jul 29, 2015, 10:34 ET

ROCKVILLE, Md., July 29, 2015 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today announced the formation of a new healthcare technology alliance, combining the expertise of leading health IT providers, medical technology companies, and academic institutions to advance public health.

The Lockheed Martin Healthcare Technology Alliance's founding members include: Cisco, Cloudera, Illumina, Intel and Montgomery College.

Executives from the Lockheed Martin Healthcare Technology Alliance's founding members stand at the alliance's launch and technology showcase.

"Federal health IT is a dynamic and growing sector," said Horace Blackman, vice president of Health & Life Sciences at Lockheed Martin. "Through collaboration between health IT industry and academic partners, this team will develop and refine technologies that will help guide decisions for care, diagnosis and treatment of disease while protecting critical health information."

The members of the Lockheed Martin Healthcare Technology Alliance will collaborate on technology solutions that help improve care in rapidly evolving and growing areas of health technology such as those that: secure patient medical information; leverage advances in genomic research; and apply big data solutions to improve public health.

Alliance partners are already making progress on complex health information technology solutions. Lockheed Martin and Illumina are collaborating to develop tailored solutions for national-scale genomics programs. Lockheed Martin systems integration and data analytics experience complements Illumina's recognized leadership in genomic sequencing and analysis. This collaboration has the potential to create a complete offering for customers -- the most advanced tools and best practices in large-scale genomic solutions.

"We are so pleased to be a part of this forward-thinking alliance; joining industry and academic research is the best way to spark innovation," said Dr. DeRionne P. Pollard, president of Montgomery College. "Together, we can do great things."

For additional information, visit our website: http://lockheedmartin.com/hta

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 112,000 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 2014 were $45.6 billion.

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SOURCE Lockheed Martin