Lockheed Martin Space Systems Employees Receive Prestigious NOVA Award

Denver, October 31, 2011 --

In a ceremony at the National Air and Space Museum in Washington, D.C., Lockheed Martin [NYSE: LMT] presented its prestigious NOVA Award to more than 100 employees from its Space Systems Company. The NOVA Award is the company's highest honor and it is presented each year to individuals and teams who have made outstanding contributions to the corporation's mission and business objectives.

The annual NOVA Awards ceremony was hosted by Lockheed Martin Chairman and CEO Bob Stevens on Friday, October 28, to recognize employees for their outstanding achievements in seven categories. The 104 Space Systems Company employees from across the country were the recipients of six team awards and five individual awards in the categories of affordability, exceptional service, full spectrum leadership, teamwork, and technical excellence.

"The 2011 NOVA recipients exemplify the can-do spirit and uncompromising integrity our customers expect from us – and deserve," said Bob Stevens. "For that, we owe our NOVA honorees our gratitude. Those honored represent the ‘best of the best' of our outstanding workforce."

The Lockheed Martin NOVA Awards were created in 1995; the name "NOVA" aptly describes the contribution of the winners as the bright stars of the corporation.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 126,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2010 sales from continuing operations were $45.7 billion.