-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RdsJ3xLBE2r5oR+1/jSk5txQMU27CutoABJDVshCkUZps2XwIQq/Z06eg5eE3kaO SkKEA1KeNMFULF/LMvcdIg== 0000928385-98-001328.txt : 19980701 0000928385-98-001328.hdr.sgml : 19980701 ACCESSION NUMBER: 0000928385-98-001328 CONFORMED SUBMISSION TYPE: S-8 POS PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980630 EFFECTIVENESS DATE: 19980630 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOCKHEED MARTIN CORP CENTRAL INDEX KEY: 0000936468 STANDARD INDUSTRIAL CLASSIFICATION: GUIDED MISSILES & SPACE VEHICLES & PARTS [3760] IRS NUMBER: 521893632 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: S-8 POS SEC ACT: SEC FILE NUMBER: 333-06485 FILM NUMBER: 98657780 BUSINESS ADDRESS: STREET 1: 6801 ROCKLEDGE DR CITY: BETHESDA STATE: MD ZIP: 20817 BUSINESS PHONE: 3018976000 MAIL ADDRESS: STREET 1: 6801 ROCKLEDGE DRIVE CITY: BETHESDA STATE: MD ZIP: 20817 S-8 POS 1 POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 As filed with the Securities and Exchange Commission on June 30, 1998 Registration No. 333-06485 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________ POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ LOCKHEED MARTIN CORPORATION (Exact name of registrant as specified in its charter) MARYLAND 52-1893632 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 6801 ROCKLEDGE DRIVE BETHESDA, MARYLAND 20817 (Address of principal executive offices) ____________________ LOCKHEED MARTIN TACTICAL SYSTEMS MASTER SAVINGS PLAN (Full Title of Plan) ____________________ STEPHEN M. PIPER, ESQUIRE ASSOCIATE GENERAL COUNSEL AND ASSISTANT SECRETARY LOCKHEED MARTIN CORPORATION 6801 ROCKLEDGE DRIVE BETHESDA, MARYLAND 20817 (301) 897-6000 (Name, address, including zip code, and telephone number, including area code, of agent for service) ================================================================================ EXPLANATORY STATEMENT --------------------- In connection with the acquisition of Loral Corporation by Lockheed Martin Corporation (the "Corporation"), on June 21, 1997 the Corporation filed a Registration Statement on Form S-8 (Reg. No. 333-06485) (the "Registration Statement") registering 3,600,000 shares of Lockheed Martin Corporation Common Stock for use in connection with the Lockheed Martin Tactical Systems Master Savings Plan (the "Plan"). The Corporation has combined that portion of the Plan relating to salaried employees with the Lockheed Martin Corporation Salaried Savings Plan (the "SSP") and that portion of the Plan relating to hourly employees with the Lockheed Martin Corporation Performance Sharing Plan (the "PSP"). As a consequence of this combination, shares of Lockheed Martin Corporation Common Stock previously registered by the Corporation for use in connection with the Plan on the Registration Statement and not already issued will not be issued in connection with the Plan by the Corporation. Pursuant to the Corporation's undertakings in the Registration Statement and in accordance with advice received by the Corporation from the Office of Chief Counsel of the Division of Corporation Finance, the Corporation is filing this Post-Effective Amendment No. 1 to the Registration Statement to remove from registration under the Registration Statement the shares of Lockheed Martin Corporation Common Stock registered thereunder which will not be issued in connection with the Plan. Simultaneously with the filing of this Post-Effective Amendment No. 1, the Corporation is filing a Registration Statement on Form S-8 registering shares of Lockheed Martin Corporation Common Stock for use in connection with the SSP and the PSP. The shares so registered will include the shares not used in connection with the Plan being deregistered hereunder. -2- Item 8. Exhibits - ------ -------- Exhibit No. Description - ----------- ----------- 24 Powers of Attorney -3- SIGNATURES Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Post-Effective Amendment No. 1 to Registration Statement No. 333-06485 to be signed on its behalf by the undersigned, thereunto duly authorized, in the County of Montgomery, State of Maryland and on the date indicated below. LOCKHEED MARTIN CORPORATION Date: June 30, 1998 By:/s/Stephen M. Piper ------------------- Stephen M. Piper Associate General Counsel and Assistant Secretary Pursuant to the requirements of the Securities Act of 1933, the Trustees (or other persons who administer the Plan) have duly caused this Post-Effective Amendment No. 1 to Registration Statement No. 333-06485 to be signed on its behalf by the undersigned, thereunto duly authorized, in the County of Montgomery, State of Maryland. LOCKHEED MARTIN TACTICAL SYSTEMS MASTER SAVINGS PLAN Date: June 30, 1998 By:/s/Thomas F. Kinstle -------------------- Thomas F. Kinstle Vice President, Benefit Finance & Administration -4- Pursuant to the requirements of the Securities Act of 1933, this Post- Effective Amendment No. 1 to Registration Statement No. 333-06485 on Form S-8 has been signed by the following persons in the capacities and on the date indicated.
Signature Title Date -------------------- ---------------------------- ------------- /s/ Vance D. Coffman Chairman and Chief Executive June 30, 1998 - --------------------------- Officer Vance D. Coffman* /s/ Marcus C. Bennett Executive Vice President, June 30, 1998 - --------------------------- Chief Financial Officer and Marcus C. Bennett* Director /s/ Todd J. Kallman Chief Accounting Officer June 30, 1998 - --------------------------- Todd J. Kallman* /s/ Norman R. Augustine Director June 30, 1998 - --------------------------- Norman R. Augustine* /s/ Lynne V. Cheney Director June 30, 1998 - --------------------------- Lynne V. Cheney* /s/ James F. Gibbons Director June 30, 1998 - --------------------------- James F. Gibbons* /s/ Edward E. Hood, Jr. Director June 30, 1998 - --------------------------- Edward E. Hood, Jr.* /s/ Caleb B. Hurtt Director June 30, 1998 - --------------------------- Caleb B. Hurtt* /s/ Gwendolyn S. King Director June 30, 1998 - --------------------------- Gwendolyn S. King* /s/ Vincent N. Marafino Director June 30, 1998 - --------------------------- Vincent N. Marafino* /s/ Frank Savage Director June 30, 1998 - --------------------------- Frank Savage*
-5- /s/ Peter B. Teets Director June 30, 1998 - --------------------------- Peter B. Teets* /s/ Carlisle A.H. Trost Director June 30, 1998 - --------------------------- Carlisle A.H. Trost* /s/ James R. Ukropina Director June 30, 1998 - --------------------------- James R. Ukropina* /s/ Douglas C. Yearley Director June 30, 1998 - --------------------------- Douglas C. Yearley* *By:/s/ Stephen M. Piper June 30, 1998 -------------------- (Stephen M. Piper, Attorney-in-fact**)
- -------------------- ** By authority of powers of attorney filed with this Post-Effective Amendment No. 1 to Registration Statement 333-06485. -6- EX-24 2 POWERS OF ATTORNEY EXHIBIT 24 ---------- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Vance D. Coffman June 26, 1998 - -------------------- Vance D. Coffman Chairman and Chief Executive Officer -7- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Marcus C. Bennett June 26, 1998 - --------------------- Marcus C. Bennett Executive Vice President, Chief Financial Officer and Director -8- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Todd J. Kallman June 26, 1998 - ------------------- Todd J. Kallman Chief Accounting Officer -9- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Norman R. Augustine June 26, 1998 - ----------------------- Norman R. Augustine Director -10- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Lynne V. Cheney June 26, 1998 - ------------------- Lynne V. Cheney Director -11- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ James F. Gibbons June 26, 1998 - -------------------- James F. Gibbons Director -12- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Edward E. Hood, Jr. June 26, 1998 - ----------------------- Edward E. Hood, Jr. Director -13- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Caleb B. Hurtt June 26, 1998 - ------------------ Caleb B. Hurtt Director -14- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Gwendolyn S. King June 26, 1998 - --------------------- Gwendolyn S. King Director -15- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Vincent N. Marafino June 26, 1998 - ----------------------- Vincent N. Marafino Director -16- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Frank Savage June 26, 1998 - ---------------- Frank Savage Director -17- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Peter B. Teets June 26, 1998 - ------------------ Peter B. Teets Director -18- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Carlisle A.H. Trost June 26, 1998 - ----------------------- Carlisle A.H. Trost Director -19- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ James R. Ukropina June 26, 1998 - --------------------- James R.Ukropina Director -20- POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes Frank H. Menaker, Jr. and Stephen M. Piper, and each of them, jointly and severally, his or her lawful attorney-in- fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, including, but not limited to, that listed below, to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") one or more post-effective amendments (and amendments thereto) to registration statements ("Existing Registration Statements") previously filed by Lockheed Martin Corporation ("Lockheed Martin") on Form S-8 under the Securities Act of 1933, as amended, (the "Securities Act") and all matters required by the Commission in connection with such registration statements under the Securities Act (collectively "Filings"), granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. The post- effective amendments are to be filed for the purpose of deregistering shares of common stock of Lockheed Martin registered by Lockheed Martin on the Existing Registration Statements for use in connection with the employee benefit plans listed below a portion of which common stock is now required to be deregistered as such plans will no longer be maintained by Lockheed Martin and such common stock will consequently not be issued. The foregoing Power of Attorney relates to Filings with respect to the following employee benefit plans: (i) Lockheed Martin Tactical Systems Master Savings Plan (ii) Lockheed Martin Tactical Defense Systems Savings Plan (iii) Lockheed Martin Fairchild Corp. Savings Plan (iv) Lockheed Martin Librascope Retirement Savings Plan (v) Lockheed Martin IR Imaging Systems, Inc. Savings Plan (vi) Lockheed Martin Vought Systems Corporation Capital Accumulation Plan (vii) Lockheed Martin Aerospace Savings Plan /s/ Douglas C. Yearley June 26, 1998 - ---------------------- Douglas C. Yearley Director -21- -----END PRIVACY-ENHANCED MESSAGE-----