PerkinElmer Wins Lockheed Contract

BOSTON, Oct. 20 -- PerkinElmer Inc. has been selected by Lockheed Martin to provide two critical subsystems for the Joint Common Missile (JCM). The initial contract is for development and prototype work through mid-2005.

PerkinElmer's Optoelectronics unit will design and manufacture the firing modules for the electronic safe and arm device fuze system, as well as the power supply for the next-generation precision-strike air-to-ground missile system.

Over the life of the program, production contracts for these two subsystems could be in excess of $100 million to meet domestic requirements. Foreign military sales are also expected to be significant; the United Kingdom has already expressed interest in potential co-production of the new missile system.

The Joint Common Missile provides will be fired from a variety of fixed- and rotary-wing aircraft and possibly from ground vehicles as part of the Future Combat Systems program.

The US Army, Navy and Marine Corps are expected to purchase up to 54,000 JCM rounds to replace the Hellfire, Longbow and Maverick missiles currently in their arsenal.

For more information, visit: www.perkinelmer.com