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Lockheed Martin is proud to present our 2021 Sustainability Report, which is available at sustainability.lockheedmartin.com. Unless otherwise noted, this report includes global data and activities for the calendar year 2021 from Lockheed Martin’s corporate offices and four business areas: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems and Space.

This report has been prepared in accordance with the Global Reporting Initiative (GRI): Core Option. Our select GRI and Sustainability Accounting Standards Board (SASB) indices are available on our Environmental, Social and Governance (ESG) Portal.

DNV, an independent, third-party assurance provider, assured this report to a moderate level of assurance under the AA 1000 Assurance Standard (AA1000AS). This includes performance on the Lockheed Martin 2025 Sustainability Management Plan goals, select SASB standards and select GRI indicators. Verification details can be found in the 2021 Assurance Statement, which is available on our ESG Portal.

Propelled by Principle

Lockheed Martin develops innovative technology that enables growth, resiliency and security of societies around the world. We develop these engineering solutions while upholding our Core Values to Do What’s Right, Respect Others and Perform with Excellence. This is why Lockheed Martin has chosen the theme “Propelled by Principle” to describe our sustainability approach. We are committed to the principles described throughout this report, including integrity, high ethical business standards, workplace safety, employee diversity and inclusion and environmental stewardship. Our principles guide us as we address complex, global challenges and propel towards a brighter future.

Forward-Looking Statements

This report contains statements which, to the extent not recitations of historical fact, constitute forward-looking statements within the meaning of the federal securities laws. The words “will,” “enable,” “expect,” “plan,” “forecast,” “anticipate,” “continue,” “achieve,” “scheduled,” “estimate,” “believe,” “intend,” “aim,” “orient,” “goal,” and similar expressions are intended to identify forward-looking statements. Statements and assumptions with respect to achievement of goals and objectives; anticipated actions to meet goals and objectives; allocation of resources; planned, encouraged or anticipated actions; planned performance of technology; or other efforts are also examples of forward-looking statements.

Forward-looking statements are based on our current expectations and assumptions, are not guarantees of future performance, and are subject to risks and uncertainties. Actual results could differ materially due to factors such as (i) the availability of funding for the programs described in this report; (ii) our ability to achieve reductions in energy use, greenhouse gas emissions and other sustainability goals and objectives; (iii) changes in our priorities as well as changes in the priorities of our customers and suppliers; (iv) the amount of our future investments; (v) the accuracy of our estimates and assumptions; (vi) the future effect of legislation, rulemaking and changes in policy; (vii) the impact of acquisitions or divestitures or other changes in our employee or product and service base; (viii) the competitive environment; (ix) the ability to attract and retain personnel and suppliers with technical and other skills; (x) the success of our diversity and inclusion initiatives; (xi) the success of technologically developed solutions; (xii) the willingness of suppliers to adopt and comply with our programs; (xiii) the impact of cyber or other security threats or other disruptions to our business; and (xiv) global economic, business, political, and climate conditions.

These are only some of the factors that may affect the forward-looking statements contained in this report. For further information regarding risks and uncertainties associated with our business, please refer to our U.S. Securities and Exchange Commission (SEC) filings including our Annual Report on Form 10-K for the year ended December 31, 2021 and our subsequent Quarterly Reports on Form 10-Q, which can be obtained at our website www.lockheedmartin.com/investor or through the website maintained by the SEC at www.sec.gov. The forward-looking statements in this report are intended to be subject to the safe harbor protection provided by federal securities laws.

About the 2021 Sustainability Report Cover Photo

A Sikorsky Firehawk helicopter operated by the County of Los Angeles Fire Department works to extinguish a wildfire.

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