BETHESDA, Md., Jan. 23 /PRNewswire-FirstCall/ -- Lockheed Martin (NYSE: LMT) will webcast live a presentation by Robert J. Stevens, President and Chief Operating Officer, Lockheed Martin Corporation, at the Bear Stearns 10th Annual Commercial Aerospace & Defense Conference on Monday, January 27. The webcast will be broadcast from 1:50 p.m. to 2:35 p.m. ET.

Access the webcast at: http://www.lockheedmartin.com/investor

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 2001 sales of $24 billion.

For additional information, visit our website: http://www.lockheedmartin.com SOURCE Lockheed Martin

-0- 01/23/2003

/CONTACT: Media: Meghan Mariman, +1-301-897-6195, or meghan.mariman@lmco.com; or Investors: Randa Middleton, +1-301-897-6455, or randa.c.middleton@lmco.com, both of Lockheed Martin/

/Company News On-Call: http://www.prnewswire.com/gh/cnoc/comp/534163.html/

/Web site: http://www.lockheedmartin.com

http://www.lockheedmartin.com/investor/