SAP selected by Lockheed Martin for 1LMX program solution

Lockheed Martin (LMT) and SAP (NSAP) expanded their strategic relationship to transform the mission-critical business systems that power Lockheed Martin’s OneLM Transformation Program – 1LMX -. 1LMX is the business and digital transformation effort that aims to enhance 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. 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 will provide Lockheed Martin with an innovation platform on which to develop emerging technologies.