Lockheed Martin Airport Security Rollout Contract

LOCKHEED MARTIN TEAM AWARDED AIRPORT SECURITY ROLLOUT CONTRACT TO IMPLEMENT NEW AIRPORT SECURITY MEASURES

GAITHERSBURG, MD, June 7, 2002 - Lockheed Martin has been selected by the Transportation Security Administration (TSA) to implement new security operations that will help ensure air passenger safety at the nation's airports. The task order contract for the Airport Security Rollout program has a value of $350 million, not to exceed $490 million.

The Lockheed Martin team will upgrade passenger security measures at airports and help convert passenger screening operations throughout the U.S. to federal control.

"We are pleased to have this opportunity to participate in a project of such national importance," said Terry Drabant, president, Lockheed Martin Mission Systems. "Ensuring security for the flying public is a critical priority and we will start work immediately to help the TSA upgrade security procedures and equipment at our nation's airports."

The Lockheed Martin team will implement the master coordination plan and rollout schedule that it developed under Phase 1 of the program. The work will involve discrete procedures, tailored to individual airports, and affect security for passenger screening. Passenger screening lanes at security checkpoints inside airports will be reconfigured; if needed, screening equipment, such as metal detectors, x-ray machines, video cameras and hand wands will be upgraded or replaced. The team will also provide logistics and orientation support for new government screening personnel. These security measures must be in place by a Congressionally-mandated deadline of November 19, 2002.

Lockheed Martin is teamed with KPMG Consulting, a leading business consulting and systems integration firm. Parsons Corporation, an industry-recognized expert in aviation facility construction, is a major subcontractor on the team, which also includes Booz-Allen.

As the leading technology solutions provider and integrator to the U.S. government, Lockheed Martin focuses on the defense, information technology and homeland security requirements of the military services and civil agencies. The Corporation's advanced technology solutions draw on world-class capabilities in systems engineering and integration, complex project management, software development and information technology. These align with emerging homeland security requirements for enhanced command and control, threat information alert and exchange, border control, critical infrastructure protection and emergency management and incident response. The Corporation is headquartered in Bethesda, Md.

Lockheed Martin Mission Systems provides solutions in systems integration, program management, software development, and information security for a variety of customers including U.S. and international defense and civil government agencies. Mission Systems employs approximately 2,600 at primary facilities in Gaithersburg, Colorado Springs, Colo., Santa Maria, Calif., and is a business unit of Lockheed Martin Corporation.

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Investor Relations Contacts: Jim Ryan, Vice President, Investor Relations (301) 897-6584; james.r.ryan@lmco.com; or Randa Middleton, Director, Investor Relations (301) 897-6455; randa.c.middleton@lmco.com

For additional information on Lockheed Martin Mission Systems visit: http://www.lockheedmartin.com/missionsystems

For additional information on Lockheed Martin Corporation visit: http://www.lockheedmartin.com

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