SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C.  20549

                             FORM 15

Certification and Notice of Termination of Registration under
Section 12(g) of the Securities Exchange Act of 1934, as amended, 
or Suspension of Duty to File Reports Under Sections 13 and 15(d)
of the Securities Exchange Act of 1934.

                  Commission File Number 1-4238

              Lockheed Martin Tactical Systems, Inc.
                   (formerly Loral Corporation)
      (Exact name of registrant as specified in its charter)

  6801 Rockledge Drive, Bethesda, Maryland 20817 (301) 897-6000
  (Address, including zip code, and telephone number, including
     area code, of registrant's principal executive offices)

              Common Stock, $.25 par value per share
           7% senior debentures due September 15, 2023
              7 5/8% senior notes due June 15, 2004
            7 5/8% senior debentures due June 15, 2025
          8 3/8% senior debentures due January 15, 2023
            8 3/8% senior debentures due June 15, 2024
                9 1/8% senior debentures due 2022
     (Title of each class of securities covered by this Form)

                               None
   (Titles of all other classes of securities for which a duty
      to file reports under section 13(a) or 15(d) remains)



          Please place an X in the box(es) to designate the
appropriate rule provision(s) relied upon to terminate or suspend
the duty to file reports:

     Rule 12g-4(a)(1)(i)   [   ]   Rule 12h-3(b)(1)(ii)  [   ]
     Rule 12g-4(a)(1)(ii)  [   ]   Rule 12h-3(b)(2)(i)   [   ]
     Rule 12g-4(a)(2)(i)   [   ]   Rule 12h-3(b)(2)(ii)  [   ]
     Rule 12g-4(a)(2)(ii)  [   ]   Rule 12h-3(b)(3)      [ X ]
     Rule 12h-3(b)(1)(i)   [   ]   Rule 15d-6            [   ]

          Approximate number of holders of record as of the
certification or notice date of each class of securities covered
by this form: 

     Common Stock, $.25 par value per share             1  
     7% senior debentures due September 15, 2023        31 
     7 5/8% senior notes due June 15, 2004              30 
     7 5/8% senior debentures due June 15, 2025         18 
     8 3/8% senior debentures due January 15, 2023      10 
     8 3/8% senior debentures due June 15, 2024         39 
     9 1/8% senior debentures due 2022                  11 

          Pursuant to the requirements of the Securities Exchange
Act of 1934, as amended, Lockheed Martin Tactical Systems, Inc.
(formerly Loral Corporation) has caused this certification/notice
to be signed on its behalf by the undersigned duly authorized
person.

Date:   May 21, 1996
                                   By: /s/   STEPHEN M. PIPER   
                                   Name:     Stephen M. Piper
                                   Title:    Assistant Secretary