Lockheed Martin Corporation

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Lockheed Martin Declares Quarterly Dividend of 42 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 42 cents per share.

The dividend is payable June 27, 2008 to holders of record as of June 2, 2008.

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 2007 sales of $41.9 billion.

For additional information, visit our web site: www.lockheedmartin.com.

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SOURCE: Lockheed Martin Corporation

CONTACT: Media, Jeff Adams, Director, Media Relations, +1-301-897-6308,
or Investor Relations, Jerry Kircher, Vice President, Investor Relations, +1-
301-897-6584, or Shamala Littlefield, Director, Investor Relations, +1-301-
897-6455, all of Lockheed Martin Corporation