<SEC-DOCUMENT>0001214659-21-003259.txt : 20210318
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<ACCEPTANCE-DATETIME>20210318110606
ACCESSION NUMBER:		0001214659-21-003259
CONFORMED SUBMISSION TYPE:	PX14A6G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20210318
DATE AS OF CHANGE:		20210318
EFFECTIVENESS DATE:		20210318

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LOCKHEED MARTIN CORP
		CENTRAL INDEX KEY:			0000936468
		STANDARD INDUSTRIAL CLASSIFICATION:	GUIDED MISSILES & SPACE VEHICLES & PARTS [3760]
		IRS NUMBER:				521893632
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PX14A6G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11437
		FILM NUMBER:		21753509

	BUSINESS ADDRESS:	
		STREET 1:		6801 ROCKLEDGE DR
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20817
		BUSINESS PHONE:		3018976000

	MAIL ADDRESS:	
		STREET 1:		6801 ROCKLEDGE DRIVE
		CITY:			BETHESDA
		STATE:			MD
		ZIP:			20817

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Chevedden John
		CENTRAL INDEX KEY:			0001734335

	FILING VALUES:
		FORM TYPE:		PX14A6G

	MAIL ADDRESS:	
		STREET 1:		2215 NELSON AVE., NO. 205
		CITY:			REDONDO BEACH
		STATE:			CA
		ZIP:			90278
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<TYPE>PX14A6G
<SEQUENCE>1
<FILENAME>p318210px14a6g.htm
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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0">Lockheed Martin Corporation (LMT)<BR>
Shareholder Alert<BR>
Voluntary submission by John Chevedden, POB 2673, Redondo Beach, CA 90278.<BR>
Continuous LMT Shareholder for 22-years<BR>
&nbsp;<BR>
&nbsp;<BR>
<B>Please Vote for Proposal Topic that Won our 47% Support at the 2020 Lockheed Martin Annual Meeting<BR>
Shareholder Right to Act by Written Consent, Proposal 4:</B></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0">This 47% shareholder support was truly outstanding because management threw the kitchen sink at the 2020 shareholder proposal.
At the beginning of the 2020 annual meeting materials management suggested that the proposal might be moot. The proposal was introduced
with a negative executive summary that included a negative image.<BR>
&nbsp;<BR>
The proposal was followed by a management opposition statement that had 50% more words than the shareholder proposal. Then management
had electioneering text on the ballot itself against the proposal. In spite of all this negative management energy the proposal
won 47% shareholder support.<BR>
&nbsp;<BR>
And since this outstanding support there has been an important development in the past year that this makes a shareholder right
to act by written consent all the more important. It is the almost universal exclusion of in-person shareholders meetings.<BR>
&nbsp;<BR>
With online shareholder meetings management is king. There is no deliberation and no discussion. The format is a shareholder question
and a management response. The management response can be totally unrelated to the shareholder question. Then management can quickly
skip to another topic. &nbsp;<BR>
&nbsp;<BR>
An online meeting can also use a screener to let in only softball questions. There is nothing to stop management from planting
softball questions that that have long-winded prepackaged answers that crowd out serious questions.<BR>
&nbsp;<BR>
And even if management restores in-person annual meetings, management can dictate an online meeting &nbsp;format for a special
shareholder meeting. Thus shareholders have far less incentive to spend their own money to call for a special shareholder meeting
where management is king.</P>
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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Written consent is a super democratic process</B> because if a shareholder is opposed to the topic of written consent the shareholder
simply does nothing and it counts against the written consent campaign. Written consent can easily be structured so that all shareholders
receive notice.<BR>
&nbsp;<BR>
<B>Written consent thrives on broad shareholder support</B> since 51% of all shares outstanding must approve. This 51% can translate
into a requirement to obtain 65% support from the shares that cast ballots. By contrast only 35% support from the shares outstanding
may be needed with a special shareholder meeting if many shareholders simply do not vote.<BR>
&nbsp;<BR>
This proposal topic won impressive 47% support at the 2020 LMT annual meeting before the management-is-king format of shareholder
meetings became almost universal.<BR>
&nbsp;<BR>
<B>Yes &ndash; Shareholder Right to Act by Written Consent, Proposal 4&nbsp;</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>
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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0">Written materials are submitted pursuant to Rule 14a-6(g)(1) promulgated under the Securities Exchange Act of 1934.*<BR>
<BR>
*Submission is not required of this filer under the terms of the Rule, but is made voluntarily in the interest of public disclosure
and consideration of these important issues.<BR>
<BR>
This is not a solicitation of authority to vote your proxy. &nbsp;Please DO NOT send me your proxy card; the shareholder is not
able to vote your proxies, nor does this communication contemplate such an event. &nbsp;<BR>
<BR>
The shareholder asks all shareholders to vote their choices by following the procedural instructions provided in the proxy materials.&nbsp;<BR>
<BR>
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