Lockheed Martin Launches Worldwide Hybrid Airship Sales with Hybrid Enterprises

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Jun 16, 2015, 08:53 ET

PARIS, June 16, 2015 /PRNewswire/ -- Hybrid Enterprises LLC, acting on behalf of Lockheed Martin (NYSE: LMT), announced they will be taking orders for Hybrid Airships with deliveries planned as early as 2018.

More than two-thirds of the world's land area and more than half the world's population have no direct access to paved roads. As you move farther away from infrastructure, cost, time and the safety of transport becomes more of a challenge.

Orlando Carvalho (left), executive vice president of Lockheed Martin's Aeronautics business, and Rob Binns, chief executive officer of Hybrid Enterprises, with a model of Lockheed Martin's Hybrid Airship after signing a strategic alliance wherein Hybrid Enterprises will be the exclusive, authorized reseller of Lockheed Martin's Hybrid Airships.

Hybrid Airships enable affordable and safe delivery of heavy cargo and personnel to virtually anywhere – water or land, in normal flying weather conditions – with little to no infrastructure.

"Lockheed Martin's Hybrid Airships will significantly reduce the cost and environmental impact of remote operations, making it possible to reach locations previously thought inaccessible," said Rob Binns, chief executive officer of Hybrid Enterprises. "Customers will feel confident that with more than a century of proven experience, Lockheed Martin has repeatedly solved seemingly impossible challenges through its products and technologies."

The technologies required for Hybrid Airships are already mature and have been demonstrated in-flight by Lockheed Martin's P-791, a fully functional, manned flight demonstrator.

"We've invested more than 20 years to develop the technology, prove the performance, and ensure there are compelling economics for the Hybrid Airship," said Orlando Carvalho, executive vice president of Lockheed Martin Aeronautics. "We have completed all required FAA certification planning steps for a new class of aircraft and are ready to begin construction of the first commercial model and the completion of the FAA Type certification process."

Work is currently underway on the 20 ton variant at the Lockheed Martin Aeronautics facility in Palmdale, California.

For additional information, visit our websites: www.hybridhe.com and www.lockheedmartin.com/us/products/HybridAirship.html.

About Hybrid Enterprises

Headquartered in Atlanta, Georgia, Hybrid Enterprises is the exclusive reseller of Lockheed Martin's Hybrid Airships. Hybrid Enterprises is comprised of industry professionals who have sold, leased and operated cargo aircraft in over 120 countries on six continents. Hybrid Enterprises is solely focused on sales and marketing of Lockheed Martin's Hybrid Airships.

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