1st Quarter 2015 Financial Results Conference Call
Forward 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 Corporation's reliance on contracts with the U.S. Government, all of
which are conditioned upon the availability of funding; declining budgets; affordability initiatives; the implementation of
automatic sequestration under the Budget Control Act of 2011; U.S. Government operations under a continuing resolution or
the failure to adopt a budget which may cause contracts to be delayed, canceled or funded at lower levels or which may cause
the Corporation to put its funds at ris risks related to the development, performance, schedule, cost and requirements of
complex and technologically advanced programs including the Corporation's largest, the F-35 program; economic, industry,
business and political conditions (domestic and international) including their effects on governmental policy; the Corporation's
success in growing international sales and expanding into adjacent markets and risks associated with doing business in new
markets and internationally; the competitive environment for the Corporation's products and services, including increased
market pressures in the Corporation's services businesses, competition from outside the aerospace and defense industry, and
increased bid protests; planned production rates for significant programs and compliance with stringent performance and
reliability standards; the performance of key suppliers, teammates, joint venture partners, subcontractors, and customers; the
timing and customer acceptance of product deliveries; the Corporation's ability to attract and retain key personnel and transfer
knowledge to new personnel; the impact of work stoppages or other labor disruptions; cyber security or other security threats,
or other disruptions; the ability to implement, pace and effect of capitalization changes; the Corporation's ability to recover
certain costs under U.S. Government contracts and changes in contract mix; the accuracy of the Corporation's estimates and
projections; risk of a future impairment of goodwill or other long-term assets; movements in interest rates and other changes
that may affect pension plan assumptions and actual returns on pension plan assets; realizing the anticipated benefits of
acquisitions or divestitures, ventures, teaming arrangements or internal reorganizations, and the Corporation's efforts to
increase the efficiency of its operations and improve the affordability of its products and services; the adequacy of the
Corporation's insurance and indemnities; materials availability; the effect of changes in (or the interpretation of): legislation,
regulation or policy, including those applicable to procurement, cost allow ability or recovery, accounting, taxation or export,
and; the outcome of legal proceedings, bid protests, environmental remediation efforts, government allegations that we have
failed to comply with law, other contingencies and U.S. Government identification of deficiencies in the Corporation's business
systems. Except where required by applicable law, 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, 2014, contain more information on the types of risks
and other factors that could adversely affect these statements.
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April 21, 2015View entire presentation