Lockheed-Raytheon Team Names Davis Deputy Program Manager for GMD Contract

WASHINGTON, Oct. 26, 2010 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT)-Raytheon Company (NYSE: RTN) team has selected Raytheon's Reid Davis as deputy program manager for the U.S. Missile Defense Agency's Ground-based Midcourse Defense development and sustainment contract pursuit. In August, the companies announced their strategic alliance to pursue the GMD contract.

(Photo: http://photos.prnewswire.com/prnh/20101026/NE87803 )

(Photo: http://www.newscom.com/cgi-bin/prnh/20101026/NE87803 )

"Lockheed Martin and Raytheon have a long and successful track record of working together on many missile defense programs that protect our nation and its allies," said Davis. "I am honored to be a part of this important pursuit."  

Among his new duties, Davis will play a key role interfacing with MDA. He will also facilitate communication between Raytheon and Lockheed Martin on all aspects of GMD, including the Exoatmospheric Kill Vehicle program. Raytheon's EKV is the interceptor component of the Ground Based Interceptor element of the GMD system.

"Raytheon is a strategic partner in this pursuit," said Mathew J. Joyce, GMD vice president and program manager for Lockheed Martin Space Systems Company. "Reid brings a wealth of experience that will enable our team to deliver a winning proposal to the customer."

As a strategic partner to Lockheed Martin, Raytheon will also provide systems engineering, development, modeling and simulation, manufacturing, testing, training, and operations and sustainment at key GMD sites.

Earlier this year, MDA issued an amended draft request for proposals for GMD development and sustainment. The agency announced it will award the contract in 2011.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 136,000 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 2009 sales from continuing operations were $44.5 billion.

Raytheon Company, with 2009 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 88 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 75,000 people worldwide.

www.raytheon.com

SOURCE Raytheon Company

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