Skyworks Secures 5-Year Contract
with Lockheed Martin
Sole Supplier of High-Precision Technical Ceramic Toroids and Inserts
for the Aegis Weapon System
WOBURN, Mass. – Aug. 19, 2008 – Skyworks Solutions, Inc. (NASDAQ: SWKS), an innovator of high performance analog and mixed signal semiconductors enabling mobile connectivity, today announced that it has signed a five-year, multi-million dollar contract with Lockheed Martin (NYSE: LMT) to supply high-precision technical ceramic toroids and inserts for the Aegis Weapon System. This contract win reflects the company’s increasing diversification into adjacent markets within its Linear Products business.
“By virtue of this strategic contract win, Skyworks is proud to supply ceramic toroids and inserts in support of Lockheed-Martin and the U.S. Navy,” said Seth F. Stein, general manager of Skyworks’ advanced ceramic materials business. “This new, multi-year agreement is a testament to the strength of our state-of-the art ceramics portfolio. We look forward to continuing to foster our working relationship with these world-class partners in defense of our country.”
“This five-year contract reflects a key component of our supplier partnership strategy,” said Orlando Carvalho, vice president of Lockheed Martin’s Surface and Sea-Based Missile Defense Systems line of business. “These long term contracts provide cost efficiencies to the Navy and stability to our supplier base.”
Aegis is the world’s premier naval weapon system, and is the sea-based component of the nation’s Ballistic Missile Defense System. The radar and missile package is seamlessly integrated with its own command-and-control system that is capable of countering any existing and emerging threats to naval battle groups, as well as striking inland targets. In addition, Aegis is based on the most powerful and robust tactical phased array radar in the world, the SPY-1.
Skyworks is a multi-year winner of the Program Executive Office Integrated Warfare Systems (PEO IWS) Excellence Award, which is the highest U.S. Navy honor given to a civilian company. This highly-regarded award recognizes top suppliers with exceptional performance in quality, delivery, affordability and program management.
About Ceramic Toroids and Inserts
Ceramic toroids and inserts are critical functional elements in phased-array radar applications. They are used to electronically steer the radar beam on aircraft carriers, fighter planes and in terrestrial environments. Paired with other control circuitry, the net result is a very reliable electronically steered radar antenna for better military communications.
Headquartered in Bethesda, MD, Lockheed Martin is a global security company that 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. The corporation reported 2007 sales of $41.9 billion. For more information, please visit Lockheed Martin’s Web site at: www.lockheedmartin.com.
Skyworks Solutions, Inc. is an innovator of high performance analog and mixed signal semiconductors enabling mobile connectivity. The company's power amplifiers, front-end modules and direct conversion radios are at the heart of many of today's leading-edge multimedia handsets. Leveraging core technologies, Skyworks also offers a diverse portfolio of linear products that support automotive, broadband, cellular infrastructure, industrial and medical applications.
Headquartered in Woburn, Mass., Skyworks is worldwide with engineering, manufacturing, sales and service facilities throughout Asia, Europe and North America. For more information, please visit Skyworks’ Web site at: www.skyworksinc.com.
Senior Public Relations Manager
Skyworks Solutions, Inc.
5221 California Avenue
Irvine, CA 92617-3073