<SEC-DOCUMENT>0001225208-24-002554.txt : 20240220
<SEC-HEADER>0001225208-24-002554.hdr.sgml : 20240220
<ACCEPTANCE-DATETIME>20240220190426
ACCESSION NUMBER:		0001225208-24-002554
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240215
FILED AS OF DATE:		20240220
DATE AS OF CHANGE:		20240220

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			REED DEBRA L
		CENTRAL INDEX KEY:			0001225947
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11437
		FILM NUMBER:		24655746

	MAIL ADDRESS:	
		STREET 1:		488 8TH AVENUE
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92101

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LOCKHEED MARTIN CORP
		CENTRAL INDEX KEY:			0000936468
		STANDARD INDUSTRIAL CLASSIFICATION:	GUIDED MISSILES & SPACE VEHICLES & PARTS [3760]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				521893632
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-02-15</periodOfReport>

    <issuer>
        <issuerCik>0000936468</issuerCik>
        <issuerName>LOCKHEED MARTIN CORP</issuerName>
        <issuerTradingSymbol>LMT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001225947</rptOwnerCik>
            <rptOwnerName>REED DEBRA L</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6801 ROCKLEDGE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BETHESDA</rptOwnerCity>
            <rptOwnerState>MD</rptOwnerState>
            <rptOwnerZipCode>20817</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Phantom Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2024-02-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>401.7773</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>401.7773</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2240.5917</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Lockheed Martin Directors Equity Plan</value>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Phantom stock units convert to common stock on a one-for-one basis.</footnote>
        <footnote id="F2">In accordance with the Lockheed Martin Corporation Amended and Restated Directors Equity Plan, each non-employee director received an award of phantom stock units, which award is exempt under Rule 16b-3.  The phantom stock units were acquired at $423.12 per share and vest 50% on June 30 following the award date and 50% on December 31 following the award date.  All unvested awards will vest in full upon retirement due to the age limitation in the bylaws, death, disability or change in control, or one-third upon failure to stand for reelection.  Settlement in cash or stock (as elected by the director) will occur upon the Reporting Person's termination of service, except that non-employee directors who have satisfied our stock ownership guidelines may elect to have the payment of awards (together with any dividend equivalents thereon) made on the first business day of April following vesting of the award.</footnote>
        <footnote id="F3">Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.</footnote>
    </footnotes>

    <remarks>Exhibit 24, Substitute Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>Debra L. Reed-Klages, by John E. Stevens, Attorney-in-fact</signatureName>
        <signatureDate>2024-02-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>substitutepoa.txt
<TEXT>
DocuSign Envelope ID: 9CCC399F-0550-45C9-B6DE-9EF7B7A61F90
Substitute Power of Attorney
Pursuant to written powers of attorney (each a Power of Attorney) by the
individuals listed below, the undersigned, Maryanne R. Lavan, has been
constituted and appointed the lawful attorney-in-fact and agent of the
individuals, with full power of substitution and re-substitution, to execute and
  file documents with the Securities and Exchange Commission pursuant to Section
  16 of the Securities Exchange Act and Rule 144 of the Securities Act of 1933,
with respect to equity securities of Lockheed Martin Corporation and with such
further powers as specified in each Power of Attorney.
Individual
Date of Power of Attorney
Daniel F. Akerson
January 24, 2020
David B. Burritt
January 24, 2020
Timothy S. Cahill
September 30, 2022
Bruce A. Carlson
January 24, 2020
John M. Donovan
October 26, 2021
Joseph F. Dunford, Jr.
February 10, 2020
James O. Ellis, Jr.
January 24, 2020
Thomas J. Falk
January 24, 2020
Ilene S. Gordon
January 24, 2020
Stephanie C. Hill
June 11, 2020
Vicki A. Hollub
January 24, 2020
Jeh C. Johnson
January 15, 2020
Maryanne R. Lavan
January 16, 2020
Robert M. Lightfoot, Jr.
December 15, 2021
Jesus Malave, Jr.
February 2, 2022
H. Edward Paul III
June 6, 2022
Debra L. Reed-Klages
November 1, 2019
Evan T. Scott
June 6, 2022
Frank A. St. John
January 16, 2020
James D. Taiclet
January 24, 2020
Gregory M. Ulmer
November 29, 2020
Patricia E. Yarrington
June 3, 2021

In accordance with the authority granted under each Power of Attorney, including
  the power of substitution, the undersigned hereby appoints John E. Stevens as
a substitute attorney-in-fact, on behalf of the individuals listed above, with
the full power of substitution, to exercise and execute all of the powers
granted or conferred to the undersigned in each Power of Attorney.
For the avoidance of doubt, the foregoing appointment shall not serve as a
revocation of the powers granted to the undersigned herself in each Power of
Attorney.
This Substitute Power of Attorney shall remain in full force and effect unless
and until revoked by the undersigned.
IN WITNESS WHEREOF, the undersigned has caused this Substitute Power of Attorney
  to be executed as of June 27, 2023.
Signature:
Name: Maryanne R. Lavan
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
