FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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 * Cahill Timothy S 2. Date of Event Requiring Statement (MM/DD/YYYY)
11/1/2022 

3. Issuer Name and Ticker or Trading Symbol LOCKHEED MARTIN CORP [LMT]
(Last)        (First)        (Middle)
6801 ROCKLEDGE DRIVE
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Executive Vice President /
(Street)
BETHESDA, MD 20817      
(City)              (State)              (Zip)
5. 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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock  10459.8590  D   
Common Stock  21.2388  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. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units   (1) 2/23/2025  Common Stock  1542.0000   (2) D   
Restricted Stock Units   (1) 2/25/2024  Common Stock  1515.0000   (2) D   
Restricted Stock Units   (1) 2/27/2023  Common Stock  1159.0000   (2) D   
Phantom Stock Units   (3)  (3) Common Stock  177.2227   (3) I  LM Supplemental Savings Plan 
Phantom Stock Units   (4)  (4) Common Stock  2241.4266   (4) I  Lockheed Martin DMICP 

Explanation of Responses:
(1)  Award of restricted stock units which vests on the third anniversary of the grant date. Per the award agreement, vesting may be accelerated to the extent necessary to satisfy tax withholding obligations for retirement-eligible reporting persons and such vested shares shall be disposed to the Issuer for the purposes of satisfying the reporting person's tax withholding obligations, which is an exempt transaction under Rule 16b-3.
(2)  Each restricted stock unit represents a contingent right to receive one share of LMT common stock.
(3)  Phantom stock units acquired under the Lockheed Martin Supplemental Savings Plan exempt under Section 16(b) which will be settled in cash upon the reporting person's retirement or termination of service. The phantom stock units convert on a one-for-one basis.
(4)  Phantom stock units acquired under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in cash upon the reporting person's retirement or termination of service. The phantom stock units convert on a one-for-one basis.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Cahill Timothy S
6801 ROCKLEDGE DRIVE
BETHESDA, MD 20817


Executive Vice President

Signatures
Timothy S. Cahill, by Kerri R. Morey, Attorney-in-fact 11/7/2022
**Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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