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Corporate Overview

2011

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Corporate Strategic Objective

Be the Leading Global Security Company Providing Systems and Services to

Federal / Central Governments Around the World in Support of Their Missions

to Protect and Serve Their Citizens

Global Partnerships for the 21st CenturyGlobal Partnerships for the 21st Century

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The “How” Company

Between the Idea and the Achievement, There is One Important Word:HOW … And it is the HOW that Makes All the Difference

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“Strong Financial Metrics Keep Lockheed Martin On Top”

Aviation Week & Space Technology, May 31, 2010

Lockheed Martin #1 Aerospace and Defense Company withRevenue Greater Than $20 Billion for 2008, 2009 and 2010

Industry Leader

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• 133,000 Employees

• 66,000 Scientists, Engineers and

IT Professionals

• Operations in 1,000 Facilities, 500

Cities, 50 States and 75 Countries

The Men and Womenof Lockheed Martin

Partners to Help Customers Meet Their Defining Moments

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Building a Better Workforce

Recognized as “Employer of Choice” and Industry “Diversity Leader”

• “Top Corporations for Multicultural Business” (Diversity Business)• “Ideal Employers” (Universum Undergraduate Survey)• “Top 50 Employers” (Woman Engineer Magazine)• “Top 25 Companies for Global Leaders” (Fortune)• “Best Places to Launch a Career” (Business Week)• “Top Employer” (Black Collegian Magazine)

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Full Spectrum Leadership

• Shape the Future

• Build Effective Relationships

• Energize the Team

• Deliver Results

• Model Personal Excellence, Integrity, and Accountability

Building Full Spectrum Leaders for Competitive Advantage

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Vision and Values

Our Vision:

Powered by Innovation, Guided by Integrity, We Help Our

Customers Achieve Their Most Challenging Goals

Our Value Statements: – Do What’s Right– Respect Others– Perform With Excellence

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Executing Complex Projects

… Requiring Integrated Solutions

… With Advanced Technology and Systems Integration Skills

… Across Lockheed Martin and With OurPartners

… For Our Government Customers

Delivering Products and Services That Perform … with Extraordinary Reliability

Distinguished by Whole-Systems ThinkingDistinguished by Whole-Systems Thinking 9

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We Do What Hasn’t Been Done

A Passion for Invention

Unmanned Unmanned and Autonomousand Autonomous

Systems Systems Cyber

Biometrics

Return of Crew Space Exploration

Persistent Surveillance

Energy

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Our Core Markets

Defense &Intelligence

CivilGovernment

Homeland Security

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Our Customers

• Departments of– Defense– Homeland Security– Commerce– Energy– Health & Human Services– Housing & Urban Development– Justice– State– Transportation

• NASA• Social Security Administration• Environmental Protection Agency• U.S. Postal Service• Intelligence Communities• Foreign Governments

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Lockheed MartinExecutive Team

OPERATING STAFF SUPPORT STAFF

Gregory R. DahlbergSenior Vice President

Washington Operations

Bruce L. Tanner Executive Vice President

and Chief Financial Officer

Maryanne R. LavanSenior Vice President and

General Counsel

Alice M. EldridgeVice President

Ethics & Business Conduct

Ronald T. RandSenior Vice President

Corporate Communications

Patrick M. DewarSenior Vice PresidentCorporate Strategy &

Business Development

Ray O Johnson Senior Vice President and Chief Technology

Officer

John T. LucasSenior Vice President

Human Resources

Michael J. Joyce Senior Vice President Operations & Program

Management

Linda R. GoodenExecutive

Vice President Information Systems &

Global Solutions

Joanne M. MaguireExecutive

Vice President Space Systems

Ralph D. Heath Executive

Vice President Aeronautics

Marillyn A. HewsonExecutive

Vice President Electronic Systems

Robert J. Stevens Chairman and Chief Executive Officer

Christopher E. KubasikPresident and

Chief Operating Officer

Sondra L. Barbour CIO and Vice President

Enterprise Business Services

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Lockheed Martin Business Areas

Electronic Systems

Space Systems Aeronautics

Information Systems &

Global Solutions

Delivering Disciplined Performance

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Space Systems

$8.3B

ElectronicSystems

$14.4B

31%

18%22%

29%

Aeronautics$13.2B

2010 Sales by Business Area

Information Systems

& Global Solutions

$9.9B

Total Sales - $45.8BTotal Sales - $45.8B

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AeronauticsSpace

SystemsElectronicSystems

Information Systems &

Global Solutions

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Aeronautics

Combat Aircraft

Air Mobility

Special Mission & Reconnaissance Aircraft

Advanced Development Programs

Global Sustainment

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Electronic Systems

Mission Systems & Sensors

Missiles & Fire Control

Global Training & Logistics

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Space Systems

Satellites

Strategic & Defensive Missile Systems

Space Transportation Systems

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Information Systems& Global Solutions

Civil – Defense – Security

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Lockheed Martin Locations

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Newport, RINewport, RINewport, RINewport, RI

Boston, MABoston, MABoston, MABoston, MA

Warner Robins, GAWarner Robins, GAWarner Robins, GAWarner Robins, GA

Tampa, FLTampa, FLTampa, FLTampa, FL

Northwest FloridaNorthwest FloridaNorthwest FloridaNorthwest Florida

O’Fallon, ILO’Fallon, ILO’Fallon, ILO’Fallon, IL

Dayton, OHDayton, OHDayton, OHDayton, OH

Lawton, OKLawton, OKLawton, OKLawton, OKLos Angeles, CALos Angeles, CALos Angeles, CALos Angeles, CA

Huntsville, ALHuntsville, ALHuntsville, ALHuntsville, AL

Albuquerque, NMAlbuquerque, NMAlbuquerque, NMAlbuquerque, NM

Colorado Springs, COColorado Springs, COColorado Springs, COColorado Springs, CO

San Diego, CASan Diego, CASan Diego, CASan Diego, CA

Crystal City, VACrystal City, VACrystal City, VACrystal City, VA

Patuxent River, MDPatuxent River, MDPatuxent River, MDPatuxent River, MD

Hampton, VAHampton, VANorfolk, VANorfolk, VAHampton, VAHampton, VANorfolk, VANorfolk, VA

Augusta, GAAugusta, GAAugusta, GAAugusta, GA

San Antonio, TXSan Antonio, TXSan Antonio, TXSan Antonio, TX

Columbus, GAColumbus, GAColumbus, GAColumbus, GA

Omaha, NEOmaha, NEOmaha, NEOmaha, NE

Honolulu, HIHonolulu, HIHonolulu, HIHonolulu, HI

Ogden, UTOgden, UTOgden, UTOgden, UT

Quantico, VAQuantico, VAQuantico, VAQuantico, VA

Domestic Business Offices

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Global Presence

• More than 300 Partnerships• Working in 75 Countries• Global Products for Global Markets

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Seoul

Tokyo

Taipei

Canberra

Singapore

Riyadh

Tel AvivAnkara

Athens

BucharestWarsaw

BerlinLondon

Brussels

Madrid

Cairo

Washington Int’l, Americas, and North Asia

Regional Headquarters

Field Offices

Abu Dhabi

Rome

Global Offices

New Delhi

Other Support Locations

Manila

Beijing

Ottawa, Montreal

Glasgow, Ampthill, Havant

Oslo

Perth, Adelaide, Melbourne

Christchurch

Geneva

Hong Kong

Jakarta

Kuala Lumpur

Pretoria

Oman

Wellington

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Global Security Enterprise

Effective Government

Exploration of Space

Managing Resources & The Environment

Maintaining Social Order & Secure Commerce

Disaster Response

Peace Keeping

Nation Building

Coping with a Faltering or Collapsed Government

Counter Insurgency

War on Terrorism

Defense of Allied Nations

Conventional Regional Conflicts

Global Peer Warfare

MajorCombat

IrregularConflict

Humanitarian Assistance

Providing for Society

Our Bread & Butter

International Growth

Opportunity

Solutions for the Entire Spectrum of Engagement