Lockheed Martin Gets $3M Contract from US Navy

Lockheed Martin LMT secured a contract with the Office of Naval Research for the design and development of solid oxide fuel cell generator set as an alternative to traditional battlefield power generation equipment. Lockheed Martin's fuel cell technology will be integrated with solar panels, providing the military with the power needed to perform missions while using dramatically less fuel. At the end of the 32-month development program, Lockheed Martin will demonstrate and deliver a multi-kilowatt JP-8 compatible Fuel Cell Efficient Power Node for evaluation by the U.S. Marines. The goal of the approximately $3 million dollar contract is to reduce overall fuel usage required for tactical electrical generation by 50 percent or more.