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April 27, 2012

Wind Tunnel Tests Completed On Dream Chaser Orbital Crew Vehicle

Sierra Nevada Corporation Conducted Tests At Texas A&M University

Wind tunnel testing of a scale model of the Dream Chaser orbital crew vehicle has been completed in the Oran W. Nicks Low Speed Wind Tunnel at Texas A&M University in College Station, Texas. Aerodynamic data generated from this testing, coupled with data from computer simulations, will define the characteristics of the Dream Chaser lifting body vehicle during the approach and landing phase of flight.

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Lockheed Martin's Stevens To Retire; Board Elects Kubasik CEO

Marillyn Hewson Elected President And COO

Lockheed Martin today announced that Chairman and CEO Bob Stevens, 60, informed the board of directors of his plans to retire as CEO after 25 years of service with the company. President and COO Chris Kubasik, 51, will succeed Stevens as CEO effective January 1, 2013. Subject to election by shareholders and approval by the board, Stevens will remain chairman through January 2014.

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