This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Lockheed Martin Launches Technology Hub To Connect Silicon Valley Innovators With Federal Government Needs

SUNNYVALE, Calif., March 28, 2013 /PRNewswire/ -- Lockheed Martin [NYSE: LMT] Space Systems Company today announced an initiative aimed at expanding its collaboration with Silicon Valley companies to meet the diverse technology needs of the federal government.

Called the Lockheed Martin Silicon Valley Alliance, this technology hub will provide the federal government with greater visibility into innovative technology solutions developed locally, including affordable software and cyber security solutions. For example, a game developer's software could improve the realism of a military simulation system.

"Lockheed Martin has played an ultra-high-tech role in the Silicon Valley story since 1956 when we opened our facility in Sunnyvale, adjacent to Moffett Field," said Tory Bruno, Lockheed Martin's president of Strategic and Missile Defense Systems. "The government market catalyzed the initial growth of all high-tech industries in the San Francisco Bay Area. Now, through the Lockheed Martin Silicon Valley Alliance, we can help to reconnect today's companies to that market, which continues to be substantial despite a challenging economy."

Technology companies will gain greater access to Department of Defense, NASA and other U.S. government markets, with Lockheed Martin facilitating partnerships that mature innovations into products that meet federal requirements.

The high-performance systems that Lockheed Martin develops require a range of technologies, including cloud computing, biometrics, information management, modeling and simulation, precision pointing, energy management and storage, optics and electro-optics, and nanotechnology.

Companies interested in participating may register at the following web page:

https://lmco.sbirsttr.dodapps.com/silicon-valley-alliance

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 120,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation's net sales for 2012 were $47.2 billion.

Media Contact:

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs