Lockheed Martin’s [NYSE: LMT] work supporting foundational elements of the Federal Aviation Administration’s National Airspace System (NAS) will continue through October 2017. The corporation was awarded a $440 million extension to the NAS Integration Support Contract (NISC), which it has held for the past four years.
Lockheed Martin’s air traffic and airport management technologies facilitate thousands of journeys daily. More than 60 percent of the world’s air traffic is controlled by Lockheed Martin’s air traffic management software. Approximately 700 million passengers and 3 million aircraft movements depend on Lockheed Martin’s airport management software annually.
“Lockheed Martin’s NISC team continues to meet demanding requirements, supporting the FAA’s mission of operating the world’s safest airspace system,” said Preston Hertzler, FAA NISC program manager. “We look forward to continued success with their team.”
Lockheed Martin’s work on this contract includes providing integration and implementation services across a broad range of areas including information technology; engineering; energy, environmental occupational safety & health; spectrum analysis; and training and flight procedures support.
“Our support of the FAA’s NISC program helps millions of U.S. travelers reach their destinations annually,” said Rick Hieb, vice president of exploration and mission support for Lockheed Martin’s Information Systems & Global Solutions business. “We’ve brought resources from across Lockheed Martin together with the FAA’s NISC team to help improve the national airspace in a cost-efficient and innovative partnership.”
NISC provides services and integration planning for equipment and infrastructure improvements for NAS modernization. NISC task orders enable rapid access to an array of experts with high-level technical, engineering and information technology capabilities where the FAA needs to implement or integrate equipment, components or related capital projects.
The contract is required to implement a highly visible, complex, large-scale, geographically dispersed integration effort that supports approximately 1,000 management and technical personnel. FAA NISC customers are located at the FAA headquarters in Washington, D.C., as well as FAA regional offices, service centers and field facilities nationwide.
Source: Lockheed Martin Corporation (NYSE: LMT)
Date: Jan 29, 2014