MARIETTA, Ga, September 29th, 2009 — Lockheed Martin [NYSE: LMT] delivered the first set of new production P-3 Orion wings to the company’s launch customer, the Royal Norwegian Air Force, on Sept. 25. The milestone delivery ushers in a new era of P-3 life cycle sustainment.

“These new wings take Lockheed Martin’s long-standing commitment to the sustainment and support of the P-3 Orion to the next level,” said Ray Burick, Lockheed Martin P-3/S-3 Programs vice president. “Working with our many P-3 customer operators worldwide, we identified a coming need to replace P-3 wings. We established the P-3 wing production line to meet that need and to ensure that our customers’ P-3s are patrolling the skies for decades to come. We’re proud to announce that our customers, beginning with the Royal Norwegian Air Force (RNoAF), will begin to reap the benefits of those efforts.”

The new production wings are the cornerstone of Lockheed Martin’s P-3 Aircraft Service Life Extension Program (ASLEP). ASLEP replaces the outer wings, center wing lower surface assembly, horizontal stabilizer, wing and horizontal stabilizer leading edges and various filet fairings. All necessary fatigue-life limiting structures are replaced, leading to significantly reduced maintenance and sustainment costs. New alloys are employed that provide a fivefold increase in corrosion resistance. ASLEP is the only solution that removes all current airframe flight restrictions on the P-3.

The RNoAF will receive six life extension kits, two conditional kits and engineering support under the contract. Other ASLEP customers to date include U.S. Customs & Border Protection, Canada and Taiwan. Additionally, the U.S. Navy has contracted with Lockheed Martin for 13 sets of P-3 outer wings.

“Lockheed Martin is committed to the complete life cycle sustainment of its aircraft, and our total range of P-3 support capabilities epitomizes that commitment,” said Rob Weiss, Lockheed Martin Global Sustainment executive vice president. “Once the Norwegian P-3s are fitted with these new wings and the accompanying ASLEP components, the RNoAF will be able to execute their maritime patrol missions with confidence well into the future.”

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

Source: Lockheed Martin