EX-99 2 dex99.htm EXHIBIT 99 EXHIBIT 99

Exhibit 99

 

Lockheed Martin Corporation

Annual Cash Compensation of Named Executive Officers

 

Named Executive Officer1

   

Base Salary

(as of 12/31/04)

    2004 MICP Incentive
Compensation Award

Vance D. Coffman

Chairman2

    $ 1,800,000    $ 2,300,000

Robert J. Stevens

President & CEO

      1,205,000      2,300,000

Michael F. Camardo

Executive Vice President – Information & Technology Services

      640,000      754,000

Robert B. Coutts

Executive Vice President – Electronic Systems

      732,000      862,400

Dain M. Hancock

Vice President3

      732,000      896,900

Frank H. Menaker

Senior Vice President & General Counsel

      754,000      721,600

Albert E. Smith

Vice President4

      690,000      793,400
1 Consistent with SEC rules, the named executive officers reflected include: (i) the individuals serving as Chief Executive Officer of the Corporation during 2004; (ii) the four most highly compensated executive officers other than the CEO; and (iii) up to two additional individuals for whom disclosures would have been provided but for the fact that the person was not serving as an executive officer of the Corporation at the end of 2004.
2 Dr. Coffman served as CEO until August 2004.
3 Mr. Hancock served as Executive Vice President – Aeronautics until January 2005.
4 Mr. Smith served as Executive Vice President – Information Systems & Solutions until June 2004 and retired on February 1, 2005.