New York, December 14, 2012 -- Moody's Investors Service assigned a Baa1 rating to Lockheed Martin Corporation's (Lockheed Martin or the company) approximate $1.336384 billion issuance of 4.07% senior unsecured (exchange) notes due in 2042. These notes along with roughly $225+ million of cash were used to fund the exchange offers that were announced by Lockheed Martin on November 14, 2012. The rating outlook is stable.

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