Article: Lockheed Martin Federal Systems Awarded U.S. Postal Service Contract Valued at More Than $130 Million

OWEGO, N.Y., Feb. 27 /PRNewswire/ -- Lockheed Martin Federal Systems in Owego, N.Y., a business unit of Lockheed Martin Corporation (NYSE: LMT), has been awarded a contract valued at more than $130 million to deploy 11 production units of a computer-controlled material handling system, called the Tray Management System (TMS), for the U.S. Postal Service. This is the second production buy of the Lockheed Martin TMS system, which has a sales potential of $1 billion through the year 2000.

TMS is a modular, flexible maintainable material handling system that can manage and control the intelligent transfer, transport, staging and retrieval of letter and flats ...

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