BETHESDA, Md., April 28, 2011 /PRNewswire-FirstCall/ -- Lockheed Martin Corporation (NYSE: LMT) today announced that its Board of Directors has authorized a second quarter 2011 dividend of $0.75 per share. The dividend is payable on June 24, 2011 to holders of record as of the close of business on June 1, 2011.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 126,000 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