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Military | Force Protection

Lockheed Martin Begins Assembly of JCSAT-17 Commercial Communications Satellite

DENVER, March 7, 2018 -- The assembly, test and launch operations (ATLO) team at Lockheed Martin (NYSE: LMT) has started production of a new commercial satellite, JCSAT-17, that will deliver flexible, high-bandwidth communications to users in Japan and the surrounding region. The JCSAT-17 satellite, manufactured for the SKY Perfect JSAT Corporation (SJC), has entered the assembly and test cycle after completing a rigorous design and engineering phase.

Atsushi Mamiya, JCSAT-17 project manager at SJC said, "Lockheed Martin has done a great job so far. SJC maintains good cooperation with Lockheed Martin and the whole team as they work toward the successful and scheduled launch of this excellent satellite."

Built on Lockheed Martin's new advanced LM2100 bus, the satellite's payload incorporates S-band transponders with a flexible processor along with 18m mesh reflector, enabling assured communications continuity during disaster relief efforts and other high-volume events. It will also carry C- band and Ku-band.

"JCSAT-17's cutting-edge flexible payload processor means that SJC can move bandwidth where it's needed, when it's needed, ensuring that this satellite stays agile, ready and relevant for years to come," said Sam Basuthakur, Lockheed Martin JCSAT-17 program manager. "This is the third modernized and first Mobile Satellite Service (MSS) built on the new LM2100 platform, scheduled for launch in 2019 on Ariane-5. Both Lockheed Martin and SJC are excited to start assembly and integration of this innovative spacecraft employing LM2100 best practices and streamlined ATLO process, which will provide critical MSS communications to SJC and to the people of Japan."

Lockheed Martin technicians begin assembly on the JCSAT-17 commercial communications satellite in a clean room near Denver.

A critical stage in the program, ATLO begins with the satellite's assembly, then moves through the environmental testing and concludes with its launch. Over the next nine months, the ATLO team will integrate subsystem equipment onto the satellite structure, including power, attitude control, propulsion, thermal control, telemetry tracking and control, mechanisms, RF payload and antennas,

JCSAT-17 is the eighth satellite built by Lockheed Martin for SJC, beginning with NSAT-110, JCSAT-9 through JCSAT-13 and JCSAT-110R.

For additional information, visit: http://www.lockheedmartin.com/commercialspace and http://www.jsat.net/en/

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

 

SOURCE Lockheed Martin

Related Links

http://www.lockheedmartin.com

 

Sikorsky CH-53K Completes Critical Flight Envelope Expansion with 36,000-pound External Lift

WEST PALM BEACH, Fla., March 7, 2018 -- The Sikorsky CH-53K King Stallion completed an external lift of a 36,000-pound payload at the Sikorsky Development Flight Center, achieving a maximum weight on the single center point cargo hook. This milestone marks completion of critical flight envelope expansion activities for the CH-53K as Sikorsky, a Lockheed Martin company (NYSE: LMT) prepares to deliver the first aircraft to the U.S. Marine Corps this year.he CH-53K lifted the external load of 36,000 lbs. into a hover followed by flight demonstrating satisfactory handling qualities and structural margins.  The gross weight of the aircraft topped out at just over 91,000 lbs., making this the heaviest helicopter ever flown by Sikorsky. View the video.

"The successful completion of these last critical envelope expansion tests further demonstrates the maturity of the CH-53K aircraft," said Dr. Michael Torok, Sikorsky Vice President, Marine Corps Systems. "We look forward to bringing this unique and exceptional heavy lift capability to the United States Marine Corps and our international customers."

 

The Sikorsky CH-53K helicopter achieves a 36,000-pound lift for the first time at Sikorsky Development Flight Center in West Palm Beach, Florida, on Feb. 10, 2018. Image courtesy Sikorsky, a Lockheed Martin Company.

 

Prior to the 36,000-lb. lift, the CH-53K lifted various external payloads up to 27,000 lbs. including a Joint Light Tacticle Vehicle (JLTV). The CH-53K can carry a 27,000 lb. external load over 110 nautical miles in high/hot conditions, which is more than triple the external load carrying capacity of the legacy CH-53E aircraft.  Other flight envelope accomplishments include tethered hover demonstrating flight speeds to 200 knots, angle of bank to 60 degrees, takeoffs and landings from sloped surfaces up to 12 degrees, external load auto-jettison, and gunfire testing.

"The payload capability of this helicopter is unmatched, triple that of its predecessor and better than any other heavy lift helicopter in production," said Col. Hank Vanderborght, U.S. Marine Corps Program Manager for the Naval Air Systems Command's Heavy Lift Helicopters Program. "The CH-53K program continues on pace to deploy this incredible heavy lift capability to our warfighters."

The CH-53K is also garnering international interest. Rheinmetall and Sikorsky recently signed a strategic teaming agreement to offer the CH-53K for Germany's new heavy lift helicopter competition. Additional teammates will be announced in the coming weeks leading up to the aircraft's debut at the ILA Berlin Air Show in April.   

For additional information, visit our webpage: https://lockheedmartin.com/us/products/ch-53k-helicopter.html.  

About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

SOURCE Lockheed Martin

Related Links

http://www.lockheedmartin.com

Boeing Names Keating Executive Vice President of Government Operations

ARLINGTON, Va., March 1, 2018 -- The Boeing Company [NYSE: BA] today announced that it has named Tim Keating as executive vice president of Government Operations.

Keating, 56, has served as senior vice president of Government Operations since joining Boeing in May 2008. In this role, Keating leads the company's public policy efforts, including all U.S. federal, state and local government liaison operations, as well as the Boeing Global Engagement organization. In addition to oversight of the company's growing global philanthropic activities, he will continue in this capacity and to serve on the Boeing Executive Council.

"This well-earned promotion recognizes Tim's many contributions to our company over the past decade and reflects the critical role he and his talented team play every day in the long-term success of our business," said Dennis Muilenburg, Boeing chairman, president and CEO. "Tim has worked tirelessly to develop and strengthen relationships at all levels of government and in our communities to help ensure our collective voices are heard on issues important to Boeing, our people and our customers."

In July 2017, under Keating's leadership, the company launched Boeing Global Engagement, a realignment, strategy update and branding refresh of its philanthropic giving organization to bring greater value to Boeing, its employees and stakeholders.

"We aspire to be a top performer in each and every area of our business, and that includes playing a leading role in the communities where we live and work," said Muilenburg. "As president of the Boeing Foundation, Tim is leading the charge to harness our employees' unique skills and expertise, our professional networks and partnerships, and financial resources more effectively to inspire change and make a lasting impact on tomorrow's innovators, veterans and their families, and the places we call home."

Prior to joining Boeing, Keating was senior vice president, Global Government Relations, for Honeywell International, and chairman of the board and managing partner at Timmons and Company – one of Washington's most prestigious lobbying firms. Earlier, Keating served the Clinton Administration as special assistant to the president and staff director for White House Legislative Affairs. Before joining the Clinton Administration, Keating held several positions with the U.S. House of Representatives. He served as assistant floor manager for the Democratic leadership and, prior to that, as special assistant to the doorkeeper.

Keating is a member of the Trilateral Commission, CSIS Advisory Board, Board of Directors for the National Association of Manufacturers and Board of Trustees for WETA. He is a graduate of the University of Scranton, with a bachelor's degree in political science, and he has an honorary doctorate of business administration from the University of South Carolina, and a second honorary doctorate of humane letters from Medical University of South Carolina.

Contact
Gordon Johndroe
Boeing Government
Operations Communications
Office: +1 703-465-3616
Mobile: +1 202-679-0616
[email protected]

 

SOURCE Boeing

Related Links

http://www.boeing.com

Lockheed Martin Receives $150 Million Contract to Deliver Integrated High Energy Laser Weapon Systems to U.S. Navy

OTHELL, Wash., March 1, 2018 -- The U.S. Navy awarded Lockheed Martin (NYSE: LMT) a $150 millioncontract, with options worth up to $942.8 million, for the development, manufacture and delivery of two high power laser weapon systems, including intelligence, surveillance and reconnaissance (ISR) and counter-Unmanned Aerial System (counter-UAS) capabilities, by fiscal year 2020. With the High Energy Laser and Integrated Optical-dazzler with Surveillance (HELIOS) system, Lockheed Martin will help the Navy take a major step forward in its goal to field laser weapon systems aboard surface ships.

"The HELIOS program is the first of its kind, and brings together laser weapon, long-range ISR and counter-UAS capabilities, dramatically increasing the situational awareness and layered defense options available to the U.S. Navy," said Michele Evans, vice president and general manager of Integrated Warfare Systems and Sensors. "This is a true system of capabilities, and we're honored the Navy trusted Lockheed Martin to be a part of fielding these robust systems to the fleet."

HELIOS combines three key capabilities, brought together for the first time in one weapon system:

  • A high-energy laser system: The high-energy fiber laser will be designed to counter unmanned aerial systems and small boats. The energy and thermal management system will leverage Lockheed Martin experience on Department of Defense programs, and the cooling system will be designed for maximum adaptability onboard ships. In addition, Lockheed Martin will bring decades of shipboard integration experience, reducing risk and increasing reliability.
  • A long-range ISR capability: HELIOS sensors will be part of an integrated weapon system, designed to provide decision-makers with maximum access to information. HELIOS data will be available on the Lockheed Martin-led Aegis Combat System.
  • A counter-UAS dazzler capability: The HELIOS dazzler will be designed to obscure adversarial UAS-based ISR capabilities.

In this first increment of the U.S. Navy's Surface Navy Laser Weapon System program, Lockheed Martin will deliver two units for test by fiscal year 2020. One unit will be delivered for shipboard integration on an Arleigh Burke-class destroyer, and one unit will be used for land testing at White Sands Missile Range.

"Lockheed Martin's spectral beam combined fiber lasers bring flexibility and adaptability to defensive and offensive missions," said Dr. Rob Afzal, senior fellow of laser weapon systems. "Our design is scalable, and we can optimize it to meet requirements for future increments."

Lockheed Martin has more than 40 years of experience developing laser weapon systems. The HELIOS award leverages technology building blocks from internal research and development projects, including the ATHENAsystem and ALADIN laser, as well as contract experience gained from programs such as the U.S. Army / Directed Energy Joint Technology Office RELI program, the U.S. Air Force LANCE program and the U.S. Navy HEFL program.

For more information, visit: www.lockheedmartin.com/laserweaponsystems.

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

SOURCE Lockheed Martin

Related Links

http://www.lockheedmartin.com

Plasan Signed a Contract With BAE Systems for the Armouring of Type 26 Combat Ships

KIBBUTZ SASA, Israel, Feb. 28, 2018 -- Plasan is very pleased to announce that they have signed a contract with BAE Systems, for the armouring of Type 26 Global Combat Ships for the UK Royal Navy.
Armour production for the first three ships is anticipated to begin in 2018. The ships will be built in Scotland at BAE Systems facilities in Glasgow and are considered the most advanced of their type in the world.

The new Type 26 'Global Combat Ship' designed and built by BAE Systems is the new class selected for the replacement of eight anti-submarine frigates of the Dukeclass currently in service with the Royal Navy.

The Type 26 will provide increased capability and flexibility through innovative design that includes a multi role mission bay, large flight deck and hangar that will be able to exploit a range of manned and unmanned systems. There will also be great scope for future development. 

Plasan's world leading armour technology, flexibility and innovation is well suited to the Type 26 approach and has helped to secure this important programme. The quality and production processes within Plasan underpin the confidence that has been shown in selecting Plasan's solution. Working together with Design Authority partners has strengthened the ethos of Plasan's success.

Plasan are honored to cooperate with BAE Systems on this prestigious programme.

Please visit us at: www.plasan.com 
Follow us on LinkedIn, YouTube, Twitter

For more information please contact:
Meirav Ofir, Marcom
+972-54-2872368
[email protected]

 

SOURCE Plasan Sasa

Related Links

http://www.plasan.com

Lockheed Martin Completes Foundation for Satellite Factory of the Future

DENVER, Feb. 27, 2018 -- The foundation for Lockheed Martin's (NYSE: LMT) satellite production factory of the future has been completed. The Gateway Center construction is making rapid progress and is on track for its completion in 2020. The project recently reached a significant milestone, when the construction team began installing vertical structural steel.

Lockheed Martin Completes Foundation for Satellite Factory of the Future

 

The $350 million, 266,000 square foot building will incorporate multiple features under one roof, and is designed to streamline satellite production and increase cost savings for both government and commercial customers. The building will house an ISO Class 8 high bay cleanroom, an anechoic chamber, and a large thermal vacuum chamber to conduct dynamic endurance tests on the satellites.

"The transformation of this site in just a few short months has been remarkable," said Bill Breeden, vice president of Assembly, Test, Launch and Operations at Lockheed Martin Space. "The basement level has been excavated, the concrete foundation is laid, and we're already raising the steel beams that make up the backbone of the structure. We're well on our way to a 2020 grand opening, when this new facility will be primed and ready to manufacture a wide range of state-of-the-art satellites with agility, precision and efficiency," noted Breeden.

The Gateway Center will be capable of producing multiple satellites at the same time. Embedded functions of the building will reduce satellite production processes from days to mere hours. The building is value engineered and will integrate industry best practices for satellite manufacturing.

In the months since the groundbreaking, over 100,000 cubic yards of soil have been moved to make way for the project. This equals enough dirt to cover an entire football field with a mound 60 feet high. To prepare for the foundation construction, over 500 caissons and support beams have been drilled and installed in holes up to 30 feet deep. Upon completion, the Gateway Center project will have used hundreds of structural steel beams weighing nearly 2,200 tons.

Lockheed Martin has undertaken considerable initiatives to maximize the energy efficiency of the building, and conserve the native landscape. The project is also producing jobs for the local economy. Over 1500 skilled contractors are expected to work on the Gateway Center during the construction phase.

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

SOURCE Lockheed Martin

Related Links

http://www.lockheedmartin.com

LRAD® Corporation Receives $1.0 Million International Defense Order

LRAD Corporation (NASDAQ: LRAD), the world’s leading provider of acoustic hailing devices (“AHDs”), advanced mass notification systems, and distributed recipient solutions today announced a $1.0 million order for LRAD 100X and LRAD 450XL AHDs from an international defense department. The man-portable and vehicle-mounted communication systems will be used for both training and operational deployments.

“LRAD was selected after a competitive tender and extensive testing, due to its superior intelligibility, proven performance, and exceptional broadcast range,” noted Richard S. Danforth, Chief Executive Officer of LRAD Corporation. “This order continues the trend of significant LRAD procurements by U.S. and international defense forces.”

LRAD systems broadcast audible, voice messages and warning tones with incomparable clarity from close range out to 5.5 kilometers. LRAD’s advanced driver and waveguide technology ensures every broadcast is clearly heard and understood over background noise. From the rugged, lightweight LRAD 100X to larger systems temporarily or permanently mounted on vehicles, vessels, and helicopters, LRAD systems increase the communication capabilities and operational effectiveness of defense forces.

About LRAD Corporation

The Company’s proprietary Long Range Acoustic Devices®, advanced ONE VOICE® mass notification systems, and innovative Genasys™ mass messaging solutions are designed to enable users to safely hail and warn, inform and direct, prevent misunderstandings, determine intent, establish large safety zones, resolve uncertain situations, and save lives. LRAD systems are in service in more than 70 countries around the world in diverse applications including mass notification and public address, fixed and mobile defense deployments, homeland, border, critical infrastructure, maritime, oil & gas, and port security, public safety, law enforcement and emergency responder communications, asset protection, and wildlife control and preservation. For more information, please visit www.LRAD.com.

Forward Looking Statements

Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. These statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in the forward-looking statements. These risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management’s expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended September 30, 2017. LRAD Corporation disclaims any intent or obligation to update those forward-looking statements, except as otherwise specifically stated.

Company Contact

E. Brian Harvey
Director, Investor Relations and Capital Markets
858.753.8974
[email protected]

Team Freedom Lays Keel on Nation's 21st Littoral Combat Ship

MARINETTE, Wis. -- The Lockheed Martin (NYSE: LMT)-led industry team officially laid the keel for the U.S. Navy's 21st Littoral Combat Ship (LCS), the future USS Minneapolis-Saint Paul, in a ceremony held at Fincantieri Marinette Marine in Marinette, Wisconsin.

Ship sponsor Jodi Greene completed the time-honored tradition and authenticated the keel by welding her initials onto a steel plate that will be placed in the hull of the ship.

 
A welder authenticates the keel of LCS 21, the future USS Minneapolis-Saint Paul, by welding the initials of ship sponsor Jodi J. Greene. The Keel Laying is the formal recognition of the start of the ship's module construction process.

" It is a tremendous honor to serve as the sponsor of the future USS Minneapolis-Saint Paul," Greene said. "I look forward to supporting the ship and its crew throughout the building process and the life of the ship. I know the people of Minneapolis and Saint Paul will proudly support her when she is commissioned and officially enters the Navy fleet."

The Lockheed Martin and Fincantieri Marinette Marine team is currently in full-rate production of the Freedom-variant of the LCS, and has delivered five ships to the U.S. Navy to date. The future USS Minneapolis-Saint Paul is one of eight ships in various stages of construction at Fincantieri Marinette Marine, with one more in long-lead production.

"We are proud to build another proven warship that allows our Navy to carry out their missions around the world," said Joe DePietro, Lockheed Martin vice president of small combatants and ship systems. "We look forward to working with the U.S. Navy to continue building and delivering highly capable and adaptable Freedom-variant Littoral Combat Ships to the fleet."

LCS 21 will be the second vessel named for the Twin Cities. SSN-708, a Los Angeles-class submarine, served as the first USS Minneapolis-Saint Paul and was decommissioned in 2008. Her name honors the Twin Cities' patriotic, hard-working citizens for their support of the military.

The Freedom-variant LCS team is comprised of Lockheed Martin, shipbuilder Fincantieri Marinette Marine, naval architect Gibbs & Cox and more than 800 suppliers in 42 states.

For additional information, visit our website: www.lockheedmartin.com/lcs

About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

About Fincantieri Marinette Marine
Founded in 1942, Fincantieri Marinette Marine (FMM) is located on the Menominee River flowage into Green Bay. The largest shipyard in the Midwest, FMM has delivered more than 1,300 vessels to the U.S. Navy, U.S. Coast Guard, and commercial customers, including the technologically advanced Littoral Combat Ship Freedom variant for the U.S. Navy. In 2008, FMM along with several sister shipyards also based in the Great Lakes region, became part of Fincantieri, one of the world's largest shipbuilding groups and number one by diversification and innovation, with more than 19,400 employees, of whom more than 8,200 in Italy, 20 shipyards in 4 continents. Fincantieri operates in the United States through its subsidiary Fincantieri Marine Group, serving both civilian and government customers. Over the past five years, Fincantieri invested more than $100 million in both capital infrastructure and its resources to support FMM's transformation into what is now one of the best shipyards in the United States. Employing approximately 1,500 employees, today FMM is a state-of-the-art, full service new construction shipyard.

About Gibbs & Cox
Gibbs & Cox, the nation's leading independent maritime solutions firm specializing in naval architecture, marine engineering and design, is headquartered in Arlington, Virginia. The company, founded in 1929, has provided designs for nearly 80 percent of the current U.S. Navy surface combatant fleet; approaching 7,000 naval and commercial ships have been built to Gibbs & Cox designs.

 

SOURCE Lockheed Martin

Related Links

http://www.lockheedmartin.com

KBR Steps Up Expansion into High End Government Services with Acquisition of SGT

 

HOUSTON, Feb. 23, 2018 -- KBR, Inc. (NYSE: KBR) announced today it has entered into a definitive agreement to purchase Stinger Ghaffarian Technologies, Inc. (SGT) a leading provider of technology solutions, engineering services, mission operations, scientific and IT software solutions in the Government Services market.

SGT has a distinguished heritage delivering technology solutions and services to the U.S. government for space programs, national security and civilian operations. The addition of SGT solidifies KBRwyle's position as an established leader in human space exploration and opens up significant new opportunities in both civil and military space.  The acquisition will also strengthen KBR's support for strategic clients and enhance our position for opportunities in the national security and commercial space markets.

NASA's recent budget requests prioritizing growth in deep space exploration, science, low earth orbit and spaceflight operations and its emerging strategy to potentially utilize public-private partnerships or other commercialization to support the International Space Station (ISS), provides validation for KBR's strategy across NASA which is directly supported by the acquisition of SGT. 

This strategic acquisition of SGT builds on previous acquisitions of Wyle and HTSI and will be an important accelerator to KBR's strategy to increase technology and mission capabilities.  SGT is only the 2nd company in the United States and the 22nd in the world to hold the CMMI Institute's Capability Maturity Model Integration (CMMI)® Level 5 for Development and Services.

"SGT is a great company with very talented people and is the right fit for us as we continue to grow our Government Services portfolio and position ourselves to expand into new areas in line with our strategy," said Stuart Bradie, KBR President and CEO.  "With our combined best in class capabilities and shared position for innovation and performance, we can capitalize on revenue synergies in a market with strong fundamentals.  

"We are excited to bring SGT into the KBRwyle family," Bradie said.  "This is a strong cultural fit.  Like KBR, SGT is a people company that operates with integrity and delivers strong results by putting customers and employees at the forefront of everything they do."

KBR expects SGT to become a business unit within KBRwyle and will maintain SGT's current management structure in order to preserve a continuity of services to customer during transition.

"This transaction creates an exciting future," said Dr. Kam Ghaffarian, President and CEO of SGT. "As a combined entity, we will be able to bring powerful capabilities and solutions to the marketplace and broaden our service offerings for our existing customers. The alignment of the strong employee focused cultures and the combined business synergies makes this an ideal situation."

The transaction is expected to be accretive to adjusted earnings per share in the first full year after closing, excluding non-recurring transaction costs. The transaction has been unanimously approved by the KBR Board of Directors and is subject to certain regulatory approvals and customary closing conditions.  

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 34,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:

  • Government Services, serving government customers globally, including capabilities that cover the full life-cycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
  • Technology & Consulting, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining; gasification; oil and gas consulting; integrity management; naval architecture and proprietary hulls; and downstream consulting
  • Engineering & Construction, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU) and program management

KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

 

SOURCE KBR, Inc.

Related Links

http://www.kbr.com

Saab Reveals First GlobalEye AEW&C Aircraft

LINKÖPING, Sweden, Feb. 23, 2018 -- Today Saab rolls out the first GlobalEye Airborne Early Warning & Control (AEW&C) aircraft to the media at its Linköping site, Sweden. GlobalEye is an advanced, swing role airborne surveillance system based on a Global 6000 jet aircraft from Bombardier, which has undergone a thorough modification programme to adapt it for its role. The rollout marks a significant milestone on the programme.

Saab is currently producing the GlobalEye AEW&C, combining air, maritime and ground surveillance in one single solution. GlobalEye combines a full suite of sophisticated sensors including the powerful new extended range radar (Erieye ER), with the ultra-long range Global 6000 jet aircraft.

"Saab's breadth and depth of expertise combines all of the necessary knowledge and technology required to design, develop and produce the most advanced AEW&C systems. Our collective capabilities deliver unrivalled solutions such as GlobalEye," said Anders Carp, Senior Vice President and Head of Saab's business area Surveillance. "This milestone is clear evidence that the GlobalEye programme and Saab are delivering on our commitments."

This first aircraft is equipped and being prepared for ground and flight trials to gather aerodynamic data as part of the ongoing development and production programme.

The development and production contract was awarded at the Dubai Air Show November 2015 by the United Arab Emirates with an initial order for two systems. An additional order by the UAE for a third system was announced in 2017. The GlobalEye solution brings extended detection range, endurance and the ability to perform multiple roles with one solution, including tasks such as search & rescue, border surveillance and military operations.

To find images and presentations from the roll out please visit: https://saabgroup.com/globaleye

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