LM and Acacia Research Team for Submarine Combat System Pursuit

(Canberra, ACT, November 10, 2009 -- Lockheed Martin Australia of Canberra and Acacia Research, Ltd. of Adelaide are teaming to pursue the combat system integrator role for the Royal Australian Navy's Future Submarine project, SEA 1000.

Under this Department of Defence project, 12 next-generation submarines are envisioned to replace Australia's six existing Collins-class boats. SEA 1000 is expected to be the Australian government's largest-ever single defence project.


Under the teaming arrangement, Lockheed Martin Australia will lead overall management of the program pursuit. Following contract award, it would develop and integrate an advanced combat system for the new submarine class, serving as the prime contractor and systems integrator. Acacia Research will be a principal team member.

The two companies already are working together to integrate some of Acacia Research’s applied research into Lockheed Martin's generic combat systems architecture. They will leverage this work to pursue the Future Submarine programme.

"To meet the Royal Australian Navy’s requirements for its Future Submarine combat system, Lockheed Martin has continued its practice of building an experienced team with core and specialty capabilities from the Australian defence industry," said Paul Johnson, chief executive officer, Lockheed Martin Australia. "Teaming with Acacia Research brings together world-class expertise in submarine combat system open architectures, underwater acoustics processing, tactical data management systems and systems engineering."

"For nearly 20 years, Acacia Research has focused on developing tactical picture compilation, data management and sensor support systems for the demanding submarine environment," said Ted Huber, director at Acacia Research, Ltd. "We look forward to the collaboration and are particularly excited by the prospect of contributing with Lockheed Martin Australia to the SEA 1000 Combat System program."

Source : Lockheed Martin Corporation (NYSE: LMT)