Lockheed Martin To Host First Virtual Supplier Conference With Approximately 8,000 Companies And Small Businesses

BETHESDA, Md., 04/12/2010 -- Lockheed Martin [NYSE: LMT] will host its first virtual supplier conference today, with approximately 8,000 representatives from suppliers to Lockheed Martin participating via live Webcast. The virtual conference will replace a smaller, in-person conference and increase affordability, decrease travel and allow more businesses to participate.

"This virtual conference allows Lockheed Martin to talk directly with 8,000 of our largest suppliers about the company's outlook, our commitment to ethics and business conduct, cyber-security and supply chain initiatives like green procurement," said Reese Delorey, vice president of procurement for Lockheed Martin. "The corporation works with more than 80,000 suppliers and small businesses each year that help us provide agile, cost-effective global security solutions to our customers."

Lockheed Martin works with suppliers to ensure that all business interaction, products and services meet the highest standards of integrity, technology, affordability and sustainability.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2009 sales of $45.2 billion.