Lockheed Martin Corporation 1st Quarter 2023 Conference Call

1Q 2023 Results Solid Financial Results 1Q Earnings Results Conference Call $1.3B Delivered in Free Cash Flow* 11.1% Segment Operating Margin* $0.5B Of Share Repurchases $15.1B In Sales $6.61 Earnings Per Share $0.8B In Dividends Strategic Capital Deployment *See Charts 14 & 15 for Definitions of Non-GAAP Measures and Other Performance Metrics LOCKHEED MARTIN $1.7B Segment Operating Profit* 0.7x Book-to-Bill Ratio* $0.6B Of Independent Research & Development and Capital Expenditures 3

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