BETHESDA, Md., Jan. 27, 2011 /PRNewswire-FirstCall/ -- Lockheed Martin Corporation (NYSE: LMT) today announced that its Board of Directors has authorized a first quarter 2011 dividend of $0.75 per share. The dividend is payable on Mar. 25, 2011 to holders of record as of the close of business on Mar. 1, 2011.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 132,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2010 sales from continuing operations were $45.8 billion.

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SOURCE Lockheed Martin