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Monday, January 14, 2002
Lithuania, Jordan Agree to Purchase Raytheon-Lockheed Martin Javelin Anti-Tank Weapon System

Lithuania, Jordan Agree to Purchase Raytheon-Lockheed Martin Javelin
Anti-Tank Weapon System

PR Newswire - January 11, 2002
[With thanks to Arms Trade Newswire]

The U.S. Army has executed two Letters of Agreement (LOA) paving the way for
the sale of the Javelin anti- tank weapon system to international customers
in Europe and the Middle East, the Raytheon-Lockheed Martin Javelin Joint
Venture announced today.

The agreement with the government of Lithuania, signed at a ceremony in
Vilnius Dec. 17, 2001, represents the first European sale of Javelin. It is
expected to result in an award to the Joint Venture of $ 10 million.
Jordan became the first Middle East customer for Javelin on Dec. 26 when
representatives of the U.S. Army and Jordan signed the LOA at a ceremony in
Amman. It is expected to lead to a $ 12 million contract for the Joint
Venture, and it may pave the way for additional Javelin foreign military
sales in the region.

The Lithuanian sale includes more than 75 missiles and 18 command launch
units, training devices, logistics support, associated equipment and
training. "Javelin ensures the Lithuanian and Jordanian armed forces have
the world's best light infantry anti-tank weapon suitable for worldwide
employment, with highest soldier survivability and system lethality, at the
lowest support and life cycle cost," said Col. John Weinzettle, U.S. Army
Close Combat Missile Systems (CCMS) project manager.

"Javelin's multi-mission capabilities give infantry soldiers the means to
engage alternate targets, such as field fortifications, buildings and
helicopters. Javelin also provides interoperability with U.S. and other
forces in times of crisis," he said.

The sale to Jordan includes the purchase of more than 110 missiles and 30
Command Launch Units (CLU), training devices, logistics support, associated
equipment and training.

"We are extremely pleased to introduce Javelin to the international defense
community," stated Mike Crisp, president, Javelin Joint Venture. "Javelin's
superb missile seeker and tracker, proven in both demanding test and field
conditions in well over 600 shots, has more than a 90 percent first- time
gunner success rate. The lightweight Javelin anti-armor weapon system can be
quickly deployed wherever needed and immediately available to engage the
enemy."

"Javelin's infrared seeker is resistant to countermeasures and battlefield
obscurants, which is critical in combat," said Howard Weaver, Javelin Joint
Venture vice president. "Javelin is also safe to fire from enclosures and it
can be fired three times in less than 90 seconds. These features, which no
other system has demonstrated, make Javelin the best choice for Jordan and
others in the international defense community."

Raytheon Company, which leads the Joint Venture, provides system engineering
management and support for the Javelin Joint Venture and produces the CLU,
missile guidance electronic unit and system software. Work is performed
primarily at its Missile Systems business unit in Tucson, Ariz., and at
other Raytheon facilities in Texas, Massachusetts and California. Lockheed
Martin provides missile engineering and production support for the Javelin
Joint Venture in Orlando, Fla., produces the missile seeker in Ocala, Fla.,
and performs missile all-up-round assembly in Troy, Ala.

The Javelin medium-range, anti-tank missile system is the world's first
one-man transportable and employable fire-and-forget anti-armor missile
system. Javelin is approved for international sales through the U.S. Army's
Foreign Military Sales system and is available to meet national requirements
for next-generation anti-armor weapon systems.

With headquarters in Lexington, Mass., Raytheon Company is a global
technology leader in defense, government and commercial electronics, and
business and special mission aircraft.

Headquartered in Bethesda, Md., Lockheed Martin is a global enterprise
principally engaged in research, design, development, manufacture and
integration of advanced-technology systems, products and services. The
corporation's core businesses are systems integration, space aeronautics and
technology services.

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