Lockheed Martin Corporation


Lockheed Martin Nominates Joseph W. Ralston to Board of Directors

The Lockheed Martin board of directors has nominated Joseph W. Ralston to its board. Mr. Ralston, a distinguished Air Force veteran, is Vice Chairman of the Cohen Group, a consulting business. The nomination will be submitted to the stockholders for approval on April 24. Lockheed Martin directors serve one- year terms.

Ralston, 59, is the former Commander, U.S. European Command and Supreme Allied Commander Europe, NATO. He recently retired after 37 years of military service. As NATO forces commander, Mr. Ralston was the senior U.S. military officer of a unified combatant command that included 93 nations throughout Europe, Africa and the Middle East. Prior to assuming this position, Ralston served as the Vice Chairman of the Joint Chiefs of Staff. He is a command pilot with more than 2,500 flying hours, including 147 combat missions over Laos and North Vietnam.

Ralston holds a Bachelor of Arts degree in chemistry from Miami University and a Master of Arts degree in personnel management from Central Michigan University.

Headquartered in Bethesda, Maryland, Lockheed Martin employs about 125,000 people worldwide and is principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. The Corporation reported 2002 sales of $26.6 billion.

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SOURCE: Lockheed Martin

CONTACT: Meghan Mariman of Lockheed Martin, +1-301-897-6195, or