Lockheed Martin Introduces New Amphibious Combat Vehicle (ACV) Candidate at Modern Day Marine Show

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Sep 22, 2015, 11:03 ET

QUANTICO, Va., Sept. 22, 2015 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) officially introduced its new Amphibious Combat Vehicle (ACV) 1.1 offering at the Modern Day Marine trade show in Quantico, Virginia, today. The armored, eight-wheel-drive vehicle is designed to transport up to 13 Marines, transition seamlessly between land and water, and provide high levels of blast protection.

The U.S. Marine Corps established the ACV program to replace its aging fleet of Amphibious Assault Vehicles, which have been in service since the 1970s.

Lockheed Martin's new Amphibious Combat Vehicle candidate undergoes testing in Saginaw, Michigan.

The Lockheed Martin ACV candidate is a modular, easily upgradable 8x8 design that allows superior growth for a wide range of variants, weapons, sensors and communications options. Lockheed Martin is the original equipment manufacturer, systems integrator, and final-assembly, integration and test agent for its ACV. The company has selected an experienced team of suppliers for their specific capabilities to enable the production and delivery of a high-quality, affordable solution.

"We have been committed to the Marine Corps for more than eight years in the growth and evolution of the ACV and its predecessor programs," said Scott Greene, vice president of Ground Vehicles for Lockheed Martin Missiles and Fire Control. "In concert with the Marine Corps' desire for domestic production, Lockheed Martin has assembled a supplier team that will enable the manufacturing and delivery of a vehicle that meets or exceeds their requirements at the right price."

The Lockheed Martin ACV candidate will meet or exceed the Marine Corps' ACV requirements in four key areas: Water Operations; Land Operations; Payload Capacity and Protection. The team's ACV offering is comprised primarily of off-the-shelf components and products currently in service on vehicles around the world. They have been brought together in the Lockheed Martin 8x8 to provide the Marine Corps a vehicle that meets their needs today and supports their missions far into the future.

For additional information, visit our website: www.lockheedmartin.com.

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