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Lockheed Martin Opens Corporate Office in Ottawa

OTTAWA, CANADA -- (Marketwire) -- 02/07/13 -- The Lockheed Martin Corporation (NYSE:LMT) today opened a new corporate office in Ottawa to better serve its Canadian customers and partners.

The enhanced corporate presence will help to deepen customer relationships as Lockheed Martin Canada develops domestic and international opportunities that will result in job creation and an increase in the value delivered to the corporation's Canadian customers and their communities. A chief executive will soon be named to lead the office and will focus efforts on business development and government relations to further strengthen Lockheed Martin's diverse activities in Canada.

The structure and organization of Lockheed Martin's corporate presence will be coordinated with the well-established Lockheed Martin Canada structure to further strengthen the corporation's position as Canada's industrial partner.

Specifically, the new staff's focus will help to ensure the complete Lockheed Martin Canada organization continues its record of successful performance on all programs in support of the Government of Canada and the Canadian Forces.

The new corporate office also will provide a single point of accountability for Lockheed Martin in Canada with direct access to the entire corporation. This direct line will maintain the company's successful performance and help coordinate the activities of the many business units seeking to strengthen and expand relationships and opportunities with Canadian industrial partners.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 120,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's net sales for 2012 were $47.2 billion.

For additional information about Lockheed Martin visit our website: http://www.lockheedmartin.com

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