Nanotechnology Now - Press Release: Lockheed Martin hosts small business nanotechnology day

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Abstract:
Lockheed Martin [NYSE: LMT] will host 22 small business nanotechnology enterprises on Friday, April 13, to showcase a wide range of nanotechnology products as well encourage networking on this emerging science.

Lockheed Martin hosts small business nanotechnology day

Orlando, FL | Posted on April 12th, 2007

"While nanotechnology implies processing materials or making devices at the molecular level, this area of science is truly in its infancy," said Dr. Les Kramer, director and chief technologist at Lockheed Martin Missiles and Fire Control. "There is tremendous potential in nanotechnology and related disciplines to have a very positive impact on our future. For example, weapons will become smaller, lighter, and smarter. Electronics will shrink in size, but have greater capabilities and memory. Sensors will see farther, with greater resolution."

The small businesses will have the opportunity to share their development and production experience with Lockheed Martin designers and manufacturing engineers with the intent to encourage collaboration and foster partnerships where innovations and technologies align with each others products and solutions. Many of the small businesses are working on research and development programs with funding from Department of Defense Small Business Innovation Research (SBIR) grants, enabling them to develop next-generation nanotechnologies.

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About Lockheed Martin
“Lockheed Martin has long been recognized as one of the nation’s leaders in the area of small business utilization,” said Cathy Usztan-Bedford, director of Supplier Diversity for Lockheed Martin Missiles and Fire Control. “The company continues to embrace the development and growth of small businesses. Technology is our future, and involving the small business community early in the development process will ensure opportunities for partnering and mutually beneficial discovery and advancement.”

Headquartered in Bethesda, Md., Lockheed Martin 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.

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Contacts:
Jennifer Allen
(407) 356-5351

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