Lockheed Martin Chooses RISE with SAP as the Secure Solution
to Fuel 1LMX Transformation
BETHESDA, Md., Jan. 25,
2023 /PRNewswire/ -- Lockheed Martin
Corporation (NYSE: LMT) and SAP SE (NYSE: SAP)
announced today an expansion of their strategic relationship to
transform the mission-critical business systems that power Lockheed
Martin's OneLM Transformation Program (1LMX). 1LMX is the
industry-leading business and digital transformation effort that is
enhancing the speed, agility, insights and competitiveness of
Lockheed Martin. By leveraging data as a strategic asset, enabling
a model-based enterprise that spans the full product value chain,
and streamlining systems and processes to both grow and run the
business, Lockheed Martin is taking the lead in forging a more
resilient, secure and modernized supply chain for the nation's
defense industrial base.
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Building on the decades-old relationship between the companies,
Lockheed Martin is leveraging the RISE with SAP solution to expand
its enterprise cloud capabilities and introduce the tools needed to
implement core business processes in managed FedRAMP-compliant
cloud environments through the 1LMX initiative. In addition, SAP®
Business Technology Platform (SAP BTP) will provide Lockheed Martin
with a secure innovation platform on which to develop emerging
technologies. The SAP Analytics Cloud solution will enhance its
strategic data management and analytics objectives.
"By leveraging SAP's industry expertise, the RISE with SAP
solution, and the strength and reliability of SAP S/4HANA, Lockheed
Martin aims to further enhance its position as an intelligent,
sustainable enterprise in the cloud while operating with
uncompromised security and support," said Scott Russell, member of the Executive Board of
SAP SE and lead of Customer Success, SAP SE. "After nearly 25 years
of partnership, we are proud that Lockheed Martin is leveraging SAP
technology to tackle truly incredible missions – like taking humans
back to the moon. With this announcement, they are looking beyond
the moon, with one of the most innovative enterprise business and
digital transformations ever conceived, hand-in-hand with
SAP."
"Our customers, including the U.S. Department of Defense, face
rapidly evolving threats, and they have made it a priority to
become faster and more agile without compromising security. By
expanding our partnership with SAP and by accelerating our move to
the secure cloud, we will be able to provide the increased speed,
agility, security and resilience our customers need to stay ahead
of ready," said Yvonne Hodge, Senior
Vice President, Enterprise Business and Digital Transformation, and
Chief Information Officer, Lockheed Martin. "Through this
agreement, we will be able to manage more closely product impact,
employee well-being, resource efficiency and data security. We will
be better able to grow and run our business and, most importantly,
we will be well positioned to transform how we design, buy, build
and sustain the products critical to the security of the United States and our allies."
RISE with SAP will bundle the applications, platforms, tools and
services necessary to enable business process innovation for
Lockheed Martin, identifying efficiencies and supporting Lockheed's
vision to provide enterprise interoperability in support of meeting
the needs of the government, defense and aerospace markets. RISE
with SAP will shift the company's SAP ERP software systems to SAP
S/4HANA® Cloud and will significantly expand Lockheed Martin's use
of SaaS products from SAP in the areas of business technology
platform, intelligent spend, human experience management, digital
supply chain and several others.
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