Lockheed Martin Increases Dividend By 10.5 Percent

Bethesda, MD, 09/24/2009 -- Lockheed Martin Corporation [NYSE: LMT] today announced that its Board of Directors has authorized a dividend increase of 10.5 percent or $0.06 per-share.

Following the increase, the company's quarterly dividend will be $0.63 per-share. The dividend is payable Dec. 31, 2009 to holders of record as of the close of business on Dec. 1, 2009.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2008 sales of $42.7 billion.

MEDIA CONTACTS:

Jeff Adams, Director, Media Relations, (301) 897-6308

Investor Relations contacts:
Jerry Kircher, Vice President, Investor Relations, (301) 897-6584
Shamala Littlefield, Director, Investor Relations, (301) 897-6455

For additional information, visit our web site: www.lockheedmartin.com.