Lockheed Martin 4th Quarter 2014 Financial Results Conference Call

Cash Returned to Shareholders ($M) $5,000 $4,500 $4,000 $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $0 Cash From Ops Less CapEx Free Cash Flow* $3,660M $1,760M Dividends $1,900M Shares $ 3,866 M (845) $ 3,021 M 2014 * See Chart 14 for Definitions of Non-GAAP Measures Chart 7 160% 140% 120% 100% 80% 60% 40% 20% 0% Dividends Total Cash Returned (% FCF*) 121% Share Repurchases Continued Commitment to Balanced Cash Returns to Shareholders January 27, 2015

View entire presentation