BACAU, Romania - Derco, a Lockheed Martin group company, has signed an agreement with Aerostar SA for the repair of landing gear, wheels and brakes in order to ensure the maintenance of the F-16 aircraft fleet of the Romanian Air Force, reducing lead times and improving logistics for mission preparation.
Through the use of specialized tools, equipment, technical documentation and training provided by Derco, Aerostar will be equipped with the knowledge and skills necessary to successfully repair F-16 components.
'We are proud to be the latest unit in the Lockheed Martin group to partner with Romania through this new agreement with Aerostar,' said Derco President and CEO Todd Morar. 'Derco's technology solution, which we share with Aerostar , will ensure the training, efficiency and safety of the Romanian military personnel operating the F-16 fighter jets.'
'Aerostar will provide the necessary maintenance and repair activities for the new aircraft fleets in Romania and in the region. We want to strengthen Romania's position on this market and rely on our technical capabilities and knowledge,' said Grigore Filip, president and CEO of Aerostar SA
The agreement comes days after the first European F-16 Training Center was inaugurated earlier this week at Fete?ti Air Base in southern Romania, and builds on Lockheed Martin's 26 years of cooperation with Romania in support of defense national, industry and academia.
As a world leader in technology, Lockheed Martin is determined to support the Ministry of Economy's work to strengthen the capabilities of the Romanian aerospace and defense industry and to invest in long-term partnerships that support the creation of highly qualified jobs and the transfer of technology.
For more information about Derco, visit our website: www.dercoaerospace.com.
For more information about Aerostar SA visit our website: www.aerostar.ro
About Derco, a Lockheed Martin Group company
Founded in 1979, Derco is headquartered in Milwaukee, Wisconsin and is a recognized leader in providing aircraft spare parts distribution, logistics, component repair and technical solutions to customers worldwide world. Through strong relationships with leading original equipment manufacturers (OEMs), Derco has one of the largest and most diverse inventories of aircraft spare parts in the world. Derco is currently an integrator and provider of complete logistics solutions supporting military and commercial fleets in 65 countries.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is an international aerospace and security company with approximately 116,000 employees worldwide, specializing in the research, design, development, production, integration and maintenance of systems, products and advanced technology services.
About Aerostar Established in 1953, Aerostar is Romania's leading aerospace and defense company, specializing in manufacturing, assembly and integration, as well as integrated logistics support for a wide range of defense and aviation systems.
LOCKHEED MARTIN CORPORATION 
