Lockheed Martin Declares Third Quarter 2010 Dividend Of $0.63

BETHESDA, Md., 06/24/2010 --

Lockheed Martin Corporation [NYSE: LMT] today announced that its Board of Directors has authorized a third quarter 2010 dividend of $0.63 per share. The dividend is payable Sept. 24, 2010 to holders of record as of the close of business on Sept. 1, 2010.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 136,000 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 2009 sales of $45.2 billion.

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Shamala Littlefield, Director, Investor Relations, (301) 897-6455

www.lockheedmartin.com