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Lockheed Martin Makes Fiscal Announcement

Lockheed Martin has issued the following statement:

“Lockheed Martin Corporation [NYSE: LMT] today announced that its board of directors has authorized a fourth-quarter 2010 dividend of $0.75 per-share. This is the eighth consecutive annual increase in Lockheed Martin's quarterly dividend rate, which is a $0.12 or 19 percent increase over the prior quarter.

“The dividend is payable Dec. 31, 2010 to holders of record as of the close of business on Dec. 1, 2010. Payment of future quarterly dividends is subject to board authorization.”

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