Statement of Changes in Beneficial Ownership (4)

FORM 4

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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3235-0287

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * HEWSON MARILLYN A	2. Issuer Name and Ticker or Trading Symbol LOCKHEED MARTIN CORP [ LMT ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director                    _____ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) Chairman, Pres. & CEO
(Last)          (First)          (Middle) 6801 ROCKLEDGE DRIVE	3. Date of Earliest Transaction (MM/DD/YYYY) 1/26/2020
(Street) BETHESDA, MD 20817 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	1/26/2020		A		39280.0000 (1)	A	$432.5000	70909.0560	D
Common Stock	1/26/2020		M		13396.0000	A	$0 (2)	84305.0560	D
Common Stock	1/26/2020		F		23442.0000 (3)	D	$432.5000	60863.0560 (4)	D
Common Stock								502.2485 (5)	I	Lockheed Martin Salaried Savings Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(6)	1/26/2020		M			13396.0000	(6)	1/26/2020	Common Stock	13396.0000	(6)	0.0000	D

Explanation of Responses:
(1)	Shares acquired upon settlement of performance stock units granted on January 26, 2017, following the end of a three-year performance period 2017-2019 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics.
(2)	Each restricted stock unit granted on January 26, 2017, was the economic equivalent of one share of LMT common stock.
(3)	Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting and settlement of stock units which is exempt under Rule 16b-3.
(4)	End of period holdings include additional acquisitions through dividend reinvestment.
(5)	End of period holdings include additional acquisitions under the Plan.
(6)	Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

Remarks: mahpoa.txt

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
HEWSON MARILLYN A 6801 ROCKLEDGE DRIVE BETHESDA, MD 20817	X		Chairman, Pres. & CEO

Signatures
Marillyn A. Hewson, by Kerri R. Morey, Attorney-in-fact		1/28/2020
**Signature of Reporting Person		Date