Lockheed Martin Expands Armored Vehicles Offering Through Teaming with Patria

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Lockheed Martin (NYSE:LMT) and Patria have teamed to offer the Advanced Modular Vehicle (AMV) as the next generation armored troop carrier known as Marine Personnel Carrier (MPC), currently considered by the US Marine Corps. The service is expected to release a request for proposals during the second quarter of 2008. Lockheed Martin Systems Integration, based in Owego, NY will act as prime contractor for the MPC effort, providing systems integration, survivability enhancements, U.S. production and net-centric and logistics capabilities for Patria's AMV 8x8 multi-role vehicle.

Following Patria's successful introduction of the AMV, the modular vehicle was fielded in various configurations by the Polish, Finnish, Slovenian, South African and Croatian armies. Lockheed Martin's previous experience with military vehicles has sofar been limited to two programs - both with the USMC. These include the Light Armored Vehicle Command and Control (LAV-C2) and Lightweight Prime Mover. In the past two years the company positioned itself as a strong competitor seeking to dominate larger share of this crowded market.

At the Modern Day Marine and AUSA exhibitions earlier this month, Lockheed Martin unveiled a company funded JLTV contender which, unlike other contenders, is already 'available for production'. Through its UK based subsidiary, the company promotes more programs, including lightweight MLRS rocket carrier and an upgrade of the British Warrior vehicle. "The Lockheed Martin/Patria team will offer the U.S. Marine Corps a superior personnel carrier that enhances force protection while still providing the mobility necessary to execute expeditionary missions," said Lou DeSantis, vice president and general manager of Systems Solutions at Lockheed Martin Systems Integration-Owego. "Our MPC is a combat-proven solution that supports the Marine Corps' current mission with room for future capability enhancement."

According to Lockheed Martin, the unconventional warfare optimized vehicle will be designed to fill the medium-armor ground vehicle gap and maintain its effective capability across the full range of military operations. The vehicle will maintain full amphibious operation capability.

The Patria AMV 8x8 multi-role vehicle was launched in 2001, with the first vehicles delivered to the Polish army in 2004 as the serial production started. It has also participated in tough field tests in a number of Arab, Asian and South American countries, with excellent results.



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