Lockheed Martin Corporation

Lockheed Martin Employees Ratify Union Contract

April 28, 2002

BETHESDA, Md., April 28 /PRNewswire-FirstCall/ -- Lockheed Martin (NYSE: LMT) is pleased to announce that employees represented by the International Association of Machinists & Aerospace Workers, Local Lodge 709 voted today to ratify a new three-year labor contract with Lockheed Martin Aeronautics Company - Marietta, Ga.

Lockheed Martin Corporation, headquartered in Bethesda, Md., is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. Employing about 125,000 people worldwide, Lockheed Martin had 2001 sales of $24 billion.

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SOURCE Lockheed Martin Aeronautics Company

-0- 04/28/2002

/CONTACT: Peter Simmons of Lockheed Martin, +1-770-494-6208/

/Company News On-Call: http://www.prnewswire.com/gh/cnoc/comp/117281.html/

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