Lockheed Martin Declares Quarterly Dividend of 12 Cents per Share

BETHESDA, MD, 24-APR-03 -- Lockheed Martin's [NYSE:LMT] board of directors today declared a regular quarterly dividend on the Corporation's common stock of 12 cents per share. The dividend is payable June 30, 2003 to holders of record on June 2, 2003.

Media Contacts:

Randa Middleton, 301-897-6455; e-mail, randa.c.middleton@lmco.com
Meghan Mariman, 301-897-6195; email, meghan.mariman@lmco.com