SEABROOK, Md., May 29, 2002 /PRNewswire-FirstCall via COMTEX/ -- Lockheed Martin Corporation (NYSE: LMT), has been selected by the State of Texas Department of Information Resources (DIR) to provide managed information technology services to all state agencies, county and local governments and municipalities, as well as universities, community colleges, and other learning institutions. Lockheed Martin Information Technology (LMIT), headquartered in Seabrook, Maryland, will manage the contract.

The DIR's Computer Desktop Seat Management contracts are statewide contracting vehicles that have no maximum value and a potential duration of seven years. Lockheed Martin expects to provide nearly $200 million in outsourced IT services with state agencies over the life of the contract.

To satisfy the needs of state agencies, Lockheed Martin will draw on its experience performing similar desktop services for numerous organizations, including the states of Maryland and North Carolina, as well as NASA's Office of Space Flight, the Jet Propulsion Laboratory (JPL), Federal Deposit Insurance Corporation and the U.S. Department of Energy's Hanford Site in Washington State.

Linda Gooden, president of LMIT, said, "We look forward to supporting the state of Texas and its employees. Managed services is a core business for us. By applying best practices and lessons learned from our many other outsourcing engagements, we will be able to provide a high level of support in a most efficient, and cost-competitive environment."

The services required under this contract include installation and maintenance for desktops, laptops, and servers, as well as printer, help desk services, and deskside services.

Headquartered in Bethesda, Md., Lockheed Martin (www.lockheedmartin.com) is a global enterprise principally engaged in the 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. Lockheed Martin Information Technology is a business unit of Lockheed Martin providing enterprise business systems, managed services and infrastructure solutions to government agencies and commercial clients.

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SOURCE Lockheed Martin Information Technology

CONTACT:          Joe Wagovich of Lockheed Martin Information Technology,
                  +1-301-352-2692
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