1995 Annual Report - Lockheed Martin

Lockheed Martin Code of Ethics andBusiness ConductWe are committed to the ethical treatment ofthose to whom we have an obligation.For our employees we are committed to honesty,just management, and fairness, providing a safeand healthy environment, and respecting thedignity due everyone.For our customers we are committed toproduce reliable products and services, deliveredon time, at a fair price.For the communities in which we live and workwe are committed to acting as concerned andresponsible neighbors, reflecting all aspects ofgood citizenship.For our shareholders we are committed topursuing sound growth and earnings objectivesand to exercising prudence in the use of ourassets and resources.This Annual Report contains statements which, to the extent that they are not recitationsof historical fact, constitute "forward looking statements" within the meaning of Section27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of1934. All forward looking statements involve risks and uncertainties. The forward lookingstatements in this document are intended to be subject to the safe harbor protectionprovided by Sections 27A and 21E. For a discussion identifying some important factorsthat could cause actual results to differ materially from those anticipated in the forwardlooking statements see the Corporation's Securities and Exchange Commission filings,including but not limited to, the discussion of "Competition and Risk" and the discussionof "Government Contracts and Regulations" on pages 10 through 12 and pages 13through 14, respectively, of the Corporation's Annual Report on Form 10-K for the fiscalyear ended December 31, 1995 (Form 10-K); "Management's Discussion and Analysisof Financial Condition and Results of Operations" on pages 44 through 56 of this AnnualReport and "Note 1-Summary of Significant Accounting Policies" and "Note 14 -Commitments and Contingencies" of the Notes to Consolidated Financial Statementson pages 62 through 63 and 73 through 74, respectively, of the Audited ConsolidatedFinancial Statements included in this Annual Report and incorporated by reference intothe Form 10-K.For our suppliers we are committed to faircompetition and the sense of responsibilityrequired of a good customer.Shareholders desiring additional informationabout the Corporation's ethics program may writeto the Corporation care of Carol R. Marshall,Vice President, Ethics and Business Conduct,P.O. Box 34143, Bethesda, MD 20827-0143.