Lockheed Martin Canada Achieves Carnegie Mellon Software Engineering Institute SW - CMM® Level 3 Rating

KANATA, ONTARIO, May 1st, 2002 -- Lockheed Martin Canada, a unit of Lockheed Martin Corporation (NYSE: LMT), today announced that it has earned Level 3 status of the Software Engineering Institute's prestigious Software Capability Maturity Model (SW- CMM)®. The achievement complements the company's recent certification under ISO 9001:2000. "I am pleased that the audit of our software development processes clearly indicates that Lockheed Martin Canada operates at a level that is considered superior by a highly respected engineering institute," said Dan Spoor, President of Lockheed Martin Canada. "SEI SW - CMM® is the standard by which governments and industry benchmark capability and process maturity. As we prepare to compete in some of the largest federal procurements in a generation, I am confident that this rating will identify our company as a premier systems integrator."

Lockheed Martin Canada's certification as both ISO 9001:2000 and Level 3 SEI SW - CMM® represents its commitment to engineering process and program management. Both designations are considered by the Department of National Defence as key requirements for potential prime contractors. Lockheed Martin Canada is a leading contender for the role as prime contractor for the government's $2.9B Maritime Helicopter Project, as well as the current competition to provide data management upgrades to Canada's fleet of Aurora CP-140 maritime patrol aircraft. Lockheed Martin Canada is currently the prime contractor for combat systems engineering support for the Navy's fleet of HALIFAX class frigates.

The Level 3 SEI SW - CMM® rating was awarded following an extensive audit conducted at company facilities in Kanata, Montreal and Halifax from April 8 through April 24. The audit, conducted independently by the Software Productivity Consortium (SPC) of Herndon, VA, assessed projects across the entire life-cycle of Lockheed Martin Canada's software engineering and related processes. The rating recognizes the company's commitment to critical engineering functions such as organizational process, project planning, training, integrated software management, software product engineering, and intergroup coordination.

The Software Engineering Institute is a research and development center sponsored by the U.S. Department of Defence (DoD) through the office of the Undersecretary of Defence for Acquisition and Technology. The institute was established in recognition of the increasingly critical role of software in complex military systems. The DoD mandated the institute to develop a scale by which software manufacturers could be measured on their ability to consistently deliver on schedule, on budget and at the highest quality. The SEI accomplishes this mission by promoting the evolution of software engineering from an ad-hoc, labour-intensive activity to a recognized discipline that is based on process, sound management and supported by superior technology.

A leader in systems integration, software development and the design and manufacture of advanced electronic systems, Lockheed Martin Canada employs more than 500 employees at facilities in Kanata (Head office), Montreal, Halifax, Victoria, Denver, Esquimalt, Dartmouth, Valcartier, Petawawa and Wainwright. Core lines of business include Army, Airforce, Navy, Intelligent Transportation Systems (ITS), and Information Systems and Support (IS&S). Lockheed Martin Canada is a division of Systems Integration - Owego, NY and is a unit of the Lockheed Martin Corporation headquartered in Bethesda, Maryland. The corporation's core businesses are systems integration, space, aeronautics, and technology services.