September 25, 2009 (FinancialWire) — Lockheed Martin (NYSE: LMT) has signed a foreign military sales contract to deliver targeting pods to the Royal Moroccan Air Force. The $30 million contract includes integration support, product spares and logistics support.

The pods will fly on the Royal Moroccan Air Force’s newly-purchased F-16 block 50 aircraft. Called Sniper Pods, they provide long-range positive identification of targets and real-time targeting, and enable the employment of advanced laser-guided weapons against moving targets.

The Sniper pod is operational on U.S. Air Force, Air National Guard and multinational F-16, F-15, B-1, F-18, Harrier, A-10 and Tornado aircraft. It is currently being integrated and is flying on the B-52.

Bethesda, Maryland-based Lockheed Martin is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The company reported 2008 sales of $42.7 billion.

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