SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Lavan Maryanne (Last) (First) (Middle) 6801 ROCKLEDGE DRIVE (Street) BETHESDA MD 20817 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol LOCKHEED MARTIN CORP [ LMT ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) SVP & General Counsel
	3. Date of Earliest Transaction (Month/Day/Year) 01/26/2020
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/26/2020		A		8,929(1)	A	$432.5	9,144.458	D
Common Stock	01/26/2020		M		3,044	A	$0(2)	12,188.458	D
Common Stock	01/26/2020		F		5,688(3)	D	$432.5	6,500.458(4)	D
Common Stock								771.6054(5)	I	Lockheed Martin Salaried Savings Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(6)	01/26/2020		M			3,044	(6)	01/26/2020	Common Stock	3,044	(6)	0.0000	D

Explanation of Responses:

1. Shares acquired upon settlement of performance stock units granted on January 26, 2017, following the end of a three-year performance period 2017-2019 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics.

2. Each restricted stock unit granted on January 26, 2017, was the economic equivalent of one share of LMT common stock.

3. Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting and settlement of stock units which is exempt under Rule 16b-3.

4. End of period holdings include additional acquisitions through dividend reinvestment.

5. End of period holdings include additional acquisitions under the Plan.

6. Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

Remarks:

mrlpoa.txt

	Maryanne R. Lavan, by Kerri R. Morey, Attorney-in-fact	01/28/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

POWER OF ATTORNEY

LOCKHEED MARTIN CORPORATION


The undersigned hereby constitutes and appoints Kerri R. Morey and Peter L.
Trentman, and each of them, jointly and severally, her lawful attorney-in-fact
and agent, with full power of substitution and re-substitution, for her and in
her name, place and stead, in any and all capacities to execute and file, or
cause to be filed, with exhibits thereto and other documents in connection
therewith, with the Securities and Exchange Commission any and all reports or
forms (including but not limited to Forms 3, 4 or 5, or Form 144 or Form ID) and
  any supplements or amendments thereto as are required to be filed by the
undersigned pursuant to Section 16 of the Securities Exchange Act of 1934, as
amended, and the rules and regulations promulgated thereunder, and Rule 144 of
the Securities Act of 1933,  with respect to the equity securities of Lockheed
Martin Corporation, granting unto said attorneys-in-fact and agents, and each of
  them, full power and authority to do and perform each and every act and thing
requisite or necessary to be done as fully to all intents and purposes as she
might or could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents, and each of them, or any substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.




January 16, 2020					/s/ Maryanne R. Lavan
							Maryanne R. Lavan