Tuesday, October 15, 2013

$LQMT Liquid Metal and $LMT Lockheed Martin News Out This Morning




Liquidmetal Missile Canard Targeted for Future Lockheed Martin EAPS Test Flight

Business Wire   "Press Releases - English"

RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--
Liquidmetal Technologies, Inc. (OTCQB: LQMT), the leading
developer of amorphous alloys, has delivered missile canards that are
being fitted for a future test of Lockheed Martins [NYSE: LMT] EAPS
(Extended Area Protection and Survivability) missile.




The EAPS missile is an advanced performance, highly affordable
hit-to-kill missile interceptor designed to defeat Rocket, Artillery and
Mortar (RAM) targets with significantly reduced probabilities for
collateral damage. Working in collaboration with Lockheed Martins
advanced design team, Liquidmetals unique alloy and processing methods
are yielding parts with remarkable dimensional consistency and precision
at an unmatched level of affordability in comparison to any other
precision fabrication method (see http://info.liquidmetal.com/case-study---missile-flight-control-surfaces-application-comparison
for a related case study).




Canards made from Liquidmetal alloy meet the extremely close geometric
tolerances required for supersonic flight. While these tolerances can be
met with CNC Machining, it is very costly and each part requires
detailed inspection and measurement. In contrast, Liquidmetal parts
consistently meet tolerances and the shape and weight of each part is
nearly identical, which is highly desirable for this application. Also,
Liquidmetal parts have greater strength to weight than steel or
titanium. Lastly, once the design has been finalized, Liquidmetal parts
can be produced in high volumes with short lead times.




Lockheed Martin has been an ideal development partner for this
breakthrough application for Liquidmetal Technologies, creating a high
precision, high performance part at a lower cost, said Dr. Bruce
Bromage
, EVP of Business Development with Liquidmetal Technologies.




About Liquidmetal Technologies




Rancho Santa Margarita, California-based Liquidmetal Technologies, Inc.
is the leading developer of bulk alloys and composites that utilize the
performance advantages offered by amorphous alloy technology. Amorphous
alloys are unique materials that are distinguished by their ability to
retain a random structure when they solidify, in contrast to the
crystalline atomic structure that forms in ordinary metals and alloys.
Liquidmetal Technologies is the first company to produce amorphous
alloys in commercially viable bulk form, enabling significant
improvements in products across a wide array of industries. For more
information, go to www.liquidmetal.com.




About Lockheed Martin




Lockheed Martin Missiles and Fire Control is a 2012 recipient of the
U.S. Department of Commerces Malcolm Baldrige National Quality Award
for performance excellence. The Malcolm Baldrige Award represents the
highest honor that can be awarded to American companies for their
achievements in leadership, strategic planning, customer relations,
measurement, analysis, workforce excellence, operations and results.




Headquartered in Bethesda, Md., Lockheed Martin is a global security and
aerospace company that employs about 116,000 people worldwide and is
principally engaged in the research, design, development, manufacture,
integration and sustainment of advanced technology systems, products and
services. The Corporations net sales for 2012 were $47.2 billion.











Liquidmetal Technologies, Inc.
Otis Buchanan
Media Relations
949-635-2120
otis.buchanan@liquidmetal.com



Source: Liquidmetal Technologies, Inc.