Lockheed Martin Investor Presentation — November 2018

Document content

Chairman, President and Chief Executive OfficerCredit Suisse 6thAnnual

Industrials Conference

Wednesday, November 28, 2018

2Forward -Looking Statements

This presentation contains statements that, to the extent they are not recitations of historical fact, constitute forward -lookin g statements within the meaning of the federal securities laws,

and are based on Lockheed Martin’s current expectations and assumptions. The words “believe,” “estimate,” “anticipate,” “proj ect,” “intend,” “expect,” “plan,” “outlook,” “scheduled,”

“forecast” and similar expressions are intended to identify forward -looking statements. These statements are not guarantees of f uture performance and are subject to risks and

uncertainties. Actual results may differ materially due to factors such as: the corporation’s reliance on contracts with the U.S. Government, which are conditioned upon the availability of

funding and can be terminated by the U.S. Government for convenience, and the corporation’s ability to negotiate favorable co ntract terms; budget uncertainty; affordability initiatives; the

risk of future sequestration under the Budget Control Act of 2011 or other budget cuts; risks related to the development, pro duction, sustainment, performance, schedule, cost and

requirements of complex and technologically advanced programs including the corporation’s largest, the F -35 program; economic, i ndustry, business and political conditions including

their effects on governmental policy (including legislation, the effect of which is to temporarily prohibit deliveries of F -35s to Turkey until certain conditions are met (although not affecting

payments to the corporation), or other trade policies or sanctions); the corporation's success expanding into and doing busin essin adjacent markets and internationally; the differing risks