This Day On The Street
Continue to site right-arrow
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Fourth AEHF Protected Communications Satellite Begins Integration Months Ahead Of Schedule









SUNNYVALE, Calif., April 8, 2014 /PRNewswire/ -- The fourth Advanced Extremely High Frequency (AEHF) satellite produced by Lockheed Martin [NYSE: LMT] is taking shape after early deliveries of its payload and propulsion core. AEHF-4, expected to launch in 2017, will enable the constellation to reach full operational capability.

The propulsion core manufactured by Lockheed Martin and payload produced by Northrop Grumman arrived at the AEHF integration facility in Sunnyvale, Calif., earlier in the year. Both were delivered significantly ahead of baseline schedule. The propulsion core arrived eight months early, and the payload arrived two months early.

"We're driving a shorter timeline for bigger cost savings. In fact, we are putting plans in place to finish six months ahead of our baseline schedule," said Mark Calassa, vice president of Protected Communication Systems at Lockheed Martin. "AEHF's propulsion system reflects Lockheed Martin's investment in more efficient spacecraft. To complement its traditional chemical propulsion, AEHF uses the highest power electric propulsion system ever flown for orbit raising and station keeping."

Lockheed Martin is under contract to deliver six AEHF satellites and the mission control segment. Users are testing AEHF-1, AEHF-2 and AEHF-3 on orbit, and the fourth satellite will enable the system to reach full operational capability. The fifth and sixth satellites will add to the capacity of the operational system and are being assembled at Lockheed Martin.

AEHF is the most secure communications satellite system used by the U.S. government. Its jam-resistant communications are resilient against enemy forces, including nuclear attack, and a single AEHF satellite provides greater capacity than its compatible legacy five-satellite Milstar system. AEHF's five-fold increase in data rates speed up protected communications, such as real-time video, battlefield maps and targeting data. The constellation serves troops and national leaders, including the president and Pentagon officials.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs approximately 115,000 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 2013 were $45.4 billion.

Note to Editors:AEHF video and high-resolution photos are available at www.lockheedmartin.com/aehf  



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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs