LOCKHEED MARTIN AWARDED FOR SUPPORT OF DIVERSITY BY DIV2000.COM

BETHESDA, MD, 10-JAN-03 -- Lockheed Martin Corporation [NYSE: LMT] was voted one of the premier companies in providing multicultural business opportunities by Div2000.com, the nation's largest organization of diversity owned businesses. Over 150,000 women and minority owned businesses were given the opportunity to participate in Div2000's online third annual election which judges a corporation's efforts towards supplier diversity and support of small businesses. For the second year in a row, Lockheed Martin is at the top of the list, coming in at number three in 2002. In a congratulatory letter, Kenton Clarke, Div2000.com's President & CEO, said Lockheed Martin Corporation was voted as one of the premier companies, and encouraged the Corporation to share this award with its Marketing, Communications, Diversity and Procurement staff.

Mike Bush, Lockheed Martin's director of supplier diversity, said, Receiving the Div2000.com award for the second consecutive year is a tremendous honor. We're proud to be recognized for our efforts to create an environment that supports diversity and equal opportunity for all small businesses. Bush said the Lockheed Martin operating companies deserve credit for the award. This award is a result of their daily efforts to ensure that small businesses are provided the opportunity to participate in our subcontracting process, he said.

Lockheed Martin Corporation welcomes the best ideas, products, and services of all suppliers, and will continue to provide multicultural business opportunities in the future.

Media Contacts:

Meghan Mariman, 301-897-6195; e-mail, meghan.mariman@lmco.com