Aerospace Group:

Lockheed Martin Signs $198 Million U.K. Situational Awareness Contract

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Friday, April 4th, 2008

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Lockheed Martin [LMT] U.K.-led Team Athena has signed a $198 million contract with the Ministry of Defence (MoD) for the Land Environment Air Picture Provision (LEAPP) situation awareness program. LEAPP is expected to give ground commanders decision-quality data in near real-time that they can use to coordinate, plan and strike effectively, the company said April 2. By improving situational awareness, it reduces the chances of friendly fire incidents and ensures commanders get the most from their available equipment. The core…

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