
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.
About Lockheed-Martin
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.
About Skyworks
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.
Amanda
Ingalls Senior Public Relations Manager Skyworks Solutions, Inc.
5221 California Avenue Irvine, CA 92617-3073 949-231-3045 (telephone)
949-231-4117 (fax)
amanda.ingalls@skyworksinc.com
www.skyworksinc.com
|