Lockheed Martin (NYSE: LMT) won a $3.5 million contract from the U.S. Army to lead development of a Hybrid Intelligent Power (HI Power) microgrid system by 2011.
According to the firm, “the HI Power system will reduce the energy consumption and fossil fuel usage at military field bases by as much as 40 percent over current systems.”
The contract holds a $1.4 million option to demonstrate the system as a battalion-sized tactical operations center microgrid by 2012.
“Intelligent microgrids reduce the volume and weight of deployable base camps, resulting in a reduction in transportation and operating costs, as well as a 40 percent decrease in fuel consumption, ” said Gil Metzger, director of Force Projection and Power Management Systems at Lockheed Martin Missiles and Fire Control. “By efficiently and dependably supplying power to tactical operations, fewer soldiers are placed in harm’s way during the transportation and daily operation of the base.”
