Lockheed Martin Corporation


Lockheed Martin Declares 11-Cent Quarterly Dividend

Lockheed Martin's board of directors today declared a regular quarterly dividend on the Corporation's common stock of 11 cents per share.

The dividend is payable December 31, 2002, to holders of record on December 2, 2002.

Headquartered in Bethesda, Maryland, Lockheed Martin employs about 125,000 people worldwide and is principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. The Corporation reported 2001 sales of $24 billion.

For additional information on Lockheed Martin Corporation, visit: http://www.lockheedmartin.com/

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SOURCE: Lockheed Martin

CONTACT: Media: Tom Jurkowsky, +1-301-897-6352, or
thomas.jurkowsky@lmco.com, or Investors: James R. Ryan, +1-301-897-6534, or
james.r.ryan@lmco.com, or Randa Middleton, +1-301-897-6455, or
randa.c.middleton@lmco.com, all of Lockheed Martin
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