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Article: Lockheed Martin Federal Systems Awarded U.S. Postal Service Contract Valued at More Than $130 Million
- Article from:
- PR Newswire
- Article date:
- February 27, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...