Lockheed Martin 2nd Quarter 2014 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 availability of funding for the
Corporation's products and services; changes in customer priorities and requirements including declining budgets
resulting from affordability initiatives, our dependence upon U.S. Government contracts, (e.g., the F-35 program), the
deferral or termination of awards, budget uncertainty arising from sequestration or Congressional actions intended to
replace sequestration, U.S. Government operations under a future continuing resolution, any future shutdown of U.S.
Government operations, and the success of our strategy to mitigate some of these risks by focusing on expanding into
adjacent markets and growing international sales; 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 or 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, and potential for delays in procurement due to bid protests; the Corporation's efforts to increase the efficiency
of its operations and improve the affordability of its products and services including difficulties associated with:
moving or consolidating operations; reducing the size of the workforce; providing for the orderly transition of
management; attracting and retaining key personnel; and supply chain management; and economic, business, and
political conditions domestically and internationally (Including potential impacts resulting from tension between the
international community and Russia over Ukraine) and the Corporation's increased reliance on securing international
and adjacent business. 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, 2013, contain more information
on the types of risks and other factors that could adversely affect these statements.
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July 22, 2014View entire presentation