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LOCKHEED MARTIN'S SKUNK WORKS REVEALS HIGH ALTITUDE UNMANNED SYSTEM

FARNBOROUGH, England, July 19th, 2006 -- Lockheed Martin [NYSE: LMT] today unveiled the existence of a new high altitude, unmanned aerial demonstrator to reporters attending the Farnborough International Air Show. The announcement was part of a review of several Skunk Works projects highlighting technologies the company is exploring to enable technology for the future.

“This UAV is an effort to better understand the flight dynamics of a tailless unmanned air system in support of our ongoing research and development work for the U.S. Air Force’s future Long Range Strike Program as well as to field the next generation of structural composite concepts,” explained Frank Cappuccio, executive vice president and general manager of Advanced Development Programs and Strategic Planning.

Developed in only 18 months, using internal funding, unmanned system P-175, nicknamed ‘Polecat’ – aligned with the well-known Skunk Works name – represents the key tenets for which the Skunk Works is known. “It was specifically designed to verify three things: new, cost effective rapid prototyping and manufacturing techniques of composite materials; projected aerodynamic performance required for sustained high altitude operations; and flight autonomy attributes,” said Cappuccio. “In addition, the company investment and the resulting successful flights are proof positive of our commitment to developing the next inflection point in unmanned systems.”

Cappuccio said the company is also exploring technologies to enable low boom, supersonic flight over land and global reach.

“It’s easy to identify a need,” said Cappuccio. “The hard part is evolving the technology to make filling that need possible. The Skunk Works is all about advancing the art of the possible. It may sound nebulous to some, but we thrive on ideas and innovation.”

Lockheed Martin ADP, which is part of Lockheed Martin Aeronautics Company, is the industry leader in innovative aerospace solutions providing expertise, novel approaches, cutting edge technology and a commitment to quality and timely performance to its customers.

Lockheed Martin Chalet

Mary Jo Polidore, 817-308-5553, e-mail: mary.jo.polidore@lmco.com
Catherine Blades, 817-907-5532, e-mail: catherine.h.blades@lmco.com
David Jewell, 817-366-2558, email: david.m.jewell@lmco.com

Palmdale

Melissa Dalton, 661-572-1130, email: melissa.dalton@lmco.com
Dianne Knippel, 661-572-4153, email: dianne.m.knippel@lmco.com



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