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LOCKHEED MARTIN ANNOUNCES SUCCESSFUL FIRING OF HELLFIRE II MISSILE DURING FRENCH EVALUATION

ORLANDO, FL, December 6, 2006 --

Lockheed Martin [NYSE: LMT] announced the successful firing of the combat-proven HELLFIRE® II air-to-ground missile by France’s Délégation Générale pour l'Armement (DGA) in Australia.

The successful launch, from Australia’s Tiger helicopter, took place at the Woomera Testing Range in South Australia. The first-time gunner, a French pilot, employing a lock-on-before-launch technique, scored a direct hit with the HELLFIRE II missile on a target six kilometers away.

“This successful firing by a French gunner, on top of HELLFIRE’s seven-for-seven performance in earlier test flights from the ARH, reaffirms that Tiger and HELLFIRE together make a formidable weapon system,” said Andy Marshall, international program manager for Air-to-Ground Missile Systems at Lockheed Martin Missiles and Fire Control. “The missile’s performance in engaging, launching and impacting targets offers the Tiger a capability it has not had before and that no other weapon system can offer.”

“This firing and the successful target engagement demonstrated the ease of training a HELLFIRE gunner, and further demonstrated the reliability and mission success of the HELLFIRE missile and its M299 ‘smart’ launcher,” continued Marshall.

HELLFIRE II is fielded to the U.S. Armed forces and those of 13 other countries by HELLFIRE Systems, Limited Liability Company (HSLLC). Lockheed Martin performs all of the work scope on behalf of HSLLC.

The evaluation was accomplished under the auspices of Australia’s Defence Materiel Organisation (DMO) and the Australian Army.

The precision-strike HELLFIRE II family includes three warhead variations, each with a semi-active laser (SAL) seeker to home in on the target: (1) the high-explosive anti-tank (HEAT) missile, which defeats all known and projected armored threats; (2) the blast fragmentation (blast frag) missile, which defeats “soft” targets such as boats, buildings, bunkers and light-armored vehicles; and (3) the metal augmented charge (MAC) missile, which defeats enclosures, caves and enemy personnel housed therein, with minimal collateral damage.

In addition to the SAL HELLFIRE II, the HELLFIRE family includes Longbow HELLFIRE—with a millimeter wave (MMW) radar seeker for true fire-and-forget and adverse-weather capability. The Longbow HELLFIRE has the HEAT warhead.

All members of the HELLFIRE II family are employed in several countries throughout the world. To date, more than 1,000 missiles have been successfully launched from a wide array of platforms, including the Apache, Cobra and Tiger attack helicopters; the Kiowa Warrior scout helicopter; and the Predator unmanned aerial vehicle (UAV).

With more than 21,000 rounds delivered, HELLFIRE II is approved for international sales, via government to government or direct commercial sales.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2005 sales of $37.2 billion.

Contact:
Jennifer Allen, (407) 356-5351
e-mail jennifer.l.allen@lmco.com



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