Lockheed Martin Aeronautics Company recognized its employee volunteer service this week at a lunch honoring individuals volunteering 250 hours or more during a calendar year. One hundred fifty-two awards were presented to Lockheed Martin employees here who contributed 55,895 hours of service during 2003.

Employees volunteered locally for a wide variety of separate non-profit agencies ranging from the Achievement Through Education Foundation to the YWCA. A total of 64 different non-profits received $38,000 in company contributions ranging from $250 to $15,250, in recognition of Lockheed Martin's outstanding employee volunteers.

Company-wide, the Aeronautics Company presented 302 awards totaling $75,500 in recognition of 110,129 hours of community service in Texas, Georgia and California.

All of the Community Service Award Winners in Fort Worth also received President George W. Bush's prestigious Volunteer Service Award. Additionally, 63 additional employees received Volunteer Service Awards for having volunteered 100 hours during 2003. In total, Lockheed Martin Corporation employees nationwide collectively logged over 420,000 volunteer hours in 2003.

"Our employee volunteer service is an outstanding achievement," said Dain M. Hancock, president of Lockheed Martin Aeronautics Company. "The employees we are recognizing today go above and beyond as a matter of practice. Our communities benefit directly from their selfless service. We are building some of the world's most advanced technologies, and at the same time, our volunteers are building a better America."

"The President has challenged us to create a culture of responsibility where we are a nation that serves goals larger than self," Hancock said. "Lockheed Martin employees have proven their ability to care for others. The company is pleased to be in a position to recognize their service."

Lockheed Martin Aeronautics Co., a business area of Lockheed Martin, is a leader in the design, research and development, systems integration, production and support of advanced military aircraft and related technologies. Its customers include the military services of the United States and allied countries throughout the world. Products include the F-16, F/A-22, F-35 JSF, F-117, C-5, C-130, C-130J, P-3, S-3 and U-2. The company produces major components for the F-2 fighter, and is a co-developer of the C-27J tactical transport and T-50 advanced jet trainer.

Headquartered in Bethesda, Md., Lockheed Martin Corp. employs about 130,000 people worldwide and is principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. The corporation reported 2003 sales of $31.8 billion.

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SOURCE: Lockheed Martin Aeronautics Company