LOCKHEED MARTIN NOMINATES DAVID B. BURRITT TO BOARD OF DIRECTORS

Bethesda, MD, February 28, 2008 — The Lockheed Martin [NYSE: LMT] board of directors has nominated David B. Burritt to its board. Mr. Burritt is Vice President and Chief Financial Officer of Caterpillar Inc. The nomination will be submitted to the stockholders for approval on April 24. Lockheed Martin directors serve one-year terms.

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