Lockheed Martin Corporation will webcast live a presentation by President and Chief Executive Officer, Bob Stevens, at the Bear Stearns 12th Annual Commercial Aerospace & Defense Conference on Monday, May 2, 2005.

Mr. Stevens will present on behalf of Lockheed Martin from 1:20 to 2:05 p.m. EDT. An audio replay will be available for two weeks.

Access the webcast and replay at: http://www.lockheedmartin.com/investor.

Headquartered in Bethesda, MD, Lockheed Martin 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 2004 sales of $35.5 billion.

For additional information, visit our website: http://www.lockheedmartin.com/

SOURCE: Lockheed Martin