March 13, 2009  
ASBESTOS LITIGATION: Lockheed Martin Still Facing Injury Actions

Lockheed Martin Corporation continues to be a defendant in
lawsuits alleging personal injury as a result of exposure to
asbestos integrated into its premises and certain historical
products, according to the Company's 2008 annual report filed
with the Securities and Exchange Commission.

The Company has never mined or produced asbestos and no longer
incorporates it in any currently manufactured products. The
Company has been successful in having a substantial number of
these claims dismissed without payment. The remaining resolved
claims have settled for amounts that are not material
individually or in the aggregate.

A substantial majority of the asbestos-related claims have been
covered by insurance or other forms of indemnity.

Headquartered in Bethesda, Md., Lockheed Martin Corporation is a
global security company that researches, designs, develops,
manufactures, integrates, and sustains advanced technology
systems and products. The Company also provides management,
engineering, technical, scientific, logistics, and information
services.
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