Lockheed Martin Corporation

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Lockheed Martin Declares Quarterly Dividend of 35 Cents
PRNewswire-FirstCall
BETHESDA, Md.

The Lockheed Martin Corporation Board of Directors today declared a regular quarterly dividend on the Corporation's common stock of 35 cents per share.

The dividend is payable June 22, 2007 to holders of record on June 1, 2007.

Headquartered in Bethesda, Md., Lockheed Martin 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 2006 sales of $39.6 billion.

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

SOURCE: Lockheed Martin

CONTACT: Media contact: Tom Greer, Sr. Manager, Media Relations of
Lockheed Martin, +1-301-897-6195; Investor Relations contacts: Jerry Kircher,
Vice President, Investor Relations, +1-301-897-6584, or Shamala Littlefield,
Director, Investor Relations, +1-301-897-6455, both of Lockheed Martin