#1April 23, 2013 11:00 a.m. ET FIXT Lockheed Martin 1st Quarter 2013 Financial Results Conference Call Webcast login at www.lockheedmartin.com/investor Webcast replay & podcast available by 2:00 p.m. ET April 23, 2013 at www.lockheedmartin.com/investor Audio replay available from 2:00 p.m. ET April 23, 2013 through midnight April 25, 2013 Access audio replay at: 855-859-2056 U.S. & Canada 404-537-3406 International Confirmation code: 19847508 NEXE CYBER INNOVATION TEC 100 YEARS OF ACCELERATING TOMORROW#2Forward Looking Statements ☆ Our presentation contains "forward-looking statements" or projections based on Lockheed Martin's current expectations and assumptions. These statements are not guarantees of future performance and are subject to risks and uncertainties. Actual results may differ materially due to factors such as: the availability of funding for the Corporation's products and services; changes in customer priorities and requirements; the implementation of automatic sequestration or Congressional actions intended to replace sequestration; U.S. Government operations under a continuing resolution; quantity revisions to the F-35 program; the accuracy of the Corporation's estimates and assumptions; the effect of capitalization changes; difficulties in developing and producing operationally advanced technology systems, cyber security, other security threats, information technology failures, natural disasters, public health crises or other disruptions; the timing and customer acceptance of product deliveries; materials availability and the performance of key suppliers, teammates, joint venture partners, subcontractors, and customers; charges from any future impairment reviews that may result in the recognition of losses and a reduction in the book value of goodwill or other long-term assets; the future effect of legislation, rulemaking, and changes in accounting, tax, defense procurement, changes in policy, interpretations, or challenges to the allow ability and recovery of costs incurred under government cost accounting standards, export policy, changes in contracting policy and contract mix; the future impact of acquisitions or divestitures, joint ventures, teaming arrangements, or internal reorganizations; compliance with laws and regulations, the outcome of legal proceedings and other contingencies and U.S. Government identification of deficiencies in the Corporation's business systems; the competitive environment for the Corporation's products and services, export policies, and potential for delays in procurement due to bid protests; the ability to attract and retain key personnel and suppliers and to provide for the orderly transition of management as the Corporation reduces the size of its workforce; and economic, business, and political conditions and the Corporation's increased reliance on securing international and adjacent business. We disclaim any duty to update these forward-looking statements Our SEC filings (found at www.lockheedmartin.com/investor, or through the website maintained by the SEC at www.sec.gov), including, our Annual Report on Form 10-K for the year ended Dec. 31, 2012, contain more information on the types of risks and other factors that could adversely affect these statements. LOCKHEED MARTIN 100 April 23, 2013 Chart 2 YEARS OF ACCELERATING TOMORROW#3#41Q Sales Summary ($B) $4.0 $3.0 $2.0 $1.0 $0.0 Chart 4 (14%) Aero +1% IS & GS +13% MFC 2012 2013 0% April 23, 2013 MST 1st Quarter Results Exceeded Expectations +4% Space LOCKHEED MARTIN 100 YEARS OF ACCELERATING TOMORROW#51Q Segment Operating Results $1.5 $1.2 $0.9 Segment Profit ($B) $0.6 $0.3 $0.0 * Segment Operating Profit* $1.3B $1.3B 2012 13% 11% 9% Segment Margin (%) 7% See Charts 14-15 for Definitions of Non-GAAP Measures Chart 5 5% 3% Segment Operating Margin* 2013 2012 Program Execution and Cost Reduction Actions Continue to Drive Results April 23, 2013 11.9% 12.1% 20 BPS Improvement 2013 LOCKHEED MARTIN 100 YEARS OF ACCELERATING TOMORROW#6#7#8#9#10#11#12#13#14#15#16