Lockheed Martin and Parvus corp. sign production agreement for f-22 cni battery

Amaro - November 30, 2007 - Parvus Corporation today announced it has signed a memorandum of agreement with Lockheed Martin Aeronautics Company (Fort Worth, TX) to build 185 smart battery units for the F-22 Raptor’s Communications, Navigation, and Identification (CNI) system. This CNI battery provides redundant, fail-safe power in all situations to critical encryption/decryption equipment onboard the F-22 aircraft. This $3.56M agreement covers retrofit, new production, and spare quantities required by the F-22 program through 2010.

This production agreement follows a $1.6M prototype development contract awarded last year, 10 months of accelerated engineering efforts by Parvus, and six months of successful flight tests onboard the F-22 aircraft. The final design has exceeded Lockheed’s specifications and performed without any failures or maintenance during flight tests. Due to this highly reliable and robust design, the CNI power subsystem is expected to save hundreds of man-hours per month of maintenance time.

“The new CNI battery greatly improves mission readiness for the F-22, delivering more than a month of operation without a recharge,” said Parvus Director of Aerospace and Defense Programs Mike Simpson. “Parvus greatly values our partnership with Lockheed, and we look forward to the rollout of this new design.”

Parvus has a long history of working with Lockheed Martin on aerospace and defense programs. Earlier this month, Parvus also received orders for lots # 7-9 of an Inline Lightning Filter (ILF) and Input Voltage Limiter (IVL) device also developed and manufactured for the F-22 program.

Headquartered in Bethesda, Md., Lockheed Martin 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 2006 sales of $39.6 billion.

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