Lockheed Martin Teams with Roketsan of Turkey on New Standoff Missile for the F-35

Ankara, Oct. 22, 2014 – Roketsan and Lockheed Martin [NYSE: LMT] signed a teaming agreement today for collaboration on the SOM-J, a new generation air-to-surface Standoff Cruise Missile for the F-35 Lightning II.

The SOM system is an autonomous, long-range, low-observable, all-weather, precision air-to-surface cruise missile. The SOM-J variant is tailored for internal carriage on the F-35 aircraft. The companies will jointly develop, produce, market and support SOM-J for internal carriage on the F-35 aircraft or external carriage on other aircraft.

Lockheed Martin Missiles and Fire Control Executive Vice President Rick Edwards and Roketsan Chairman of the Board Eyüp Kaptan signed the agreement.

“Lockheed Martin has a long history of partnership with the Republic of Turkey, and we look forward to working closely with Roketsan on this very important project,” Edwards said. “SOM-J will provide the F-35 and other aircraft an exceptional capability to meet the most challenging mission requirements. We look forward to combining the skills and know-how of our two great companies to produce a world-class system to meet customers’ expanding needs for long-range, survivable cruise missile technology.”

“At Roketsan, we believe this teaming will increase the attention on SOM-J and present a superior solution to fulfill the requirements of anti-surface warfare capabilities on the F-35 aircraft,” Kaptan said. “We value our partnership with Lockheed Martin and look forward to additional business opportunities in the future.”

Roketsan Inc. was founded in 1988 for the purpose of “possessing a leading institution in the country for designing, developing and manufacturing rockets and missiles.” Roketsan is rapidly going forward to become a global company in defense industries sector with personnel of more than 1,800, 51 percent of which comprise engineers, an invested capital of TL 4 billion and its accumulation of technologic knowledge. Roketsan has become a corporation, the operations of which now extend beyond the borders of the country, which participates in NATO programs in its field of technology and is capable of supplying its products to friendly countries besides the Turkish Armed Forces.