Subject: Managing for Sustainability

LOCKHEED MARTIN
Our Mission: We solve complex challenges, advance scientific discovery and deliver
innovative solutions to help our customers keep people safe and provide them
essential services.

Our Vision: Be the global leader in supporting our customers to strengthen global
security, deliver citizen services, and advance scientific discovery.
Our Values:
Do whats Right
we are committed to the highest standards of ethical conduct in all that we do.
We believe that honesty and integrity engender trust, which is the cornerstone
of our business. We abide by the laws of the United States and other countries
in which we do business, we strive to be good citizens and we take
responsibility for our actions.
Respect others
we recognize that our success as an enterprise depends on the talent, skills
and expertise of our people and our ability to function as a tightly integrated
team. We appreciate our diversity and believe that respect - for our colleagues,
customers, partners, and all those with whom we interact - is an essential
element of all positive and productive business relationships.
Perform With Excellence
we understand the importance of our missions and the trust our customers
place in us. With this in mind, we strive to excel in every aspect of our business
and approach every challenge with a determination to succeed.

Corporate Social Responsibility

As an industry leader in global security and information technology, Lockheed Martin
provides products and services that address some of the nations most critical
issues. But our contribution doesnt end with a commitment to support our countrys
needs and economic growth. As a responsible corporate citizen, we also play an

active role in helping to strengthen the quality of life in our country and the
communities where we live and work.
We strive to be a valued partner to our neighbours, our nation and our ally countries.
The Corporation primarily supports science, technology, engineering, and
mathematics (STEM) education and military and veteran causes.
As part of its efforts to educate and inspire tomorrows scientists, engineers and
mathematicians, Lockheed Martins approach to STEM outreach includes support for
programs, events and campaigns that focus on student achievement, teacher
development, and gender and ethnic diversity.
And to help give back to those who give so much for our nation, Lockheed Martin is
dedicated to supporting service members with programs that improve their lives and
the lives of their families, enhance educational and training opportunities, and honor
their selfless duty to our country.
These causes reflect the values embodied in our employees and intrinsic to the
Lockheed Martin culture. Stated simply, our employees care. They are talented
professionals, but it is their genuine concern for others that helps make Lockheed
Martin an exceptional contributor to the public good. Another arena where were
innovating for growth is sustainability. This continues to be a key priority for us, as we
apply innovative solutions to protect the environment, strengthen communities and
drive responsible growth. One example of how innovation in sustainability is opening
new markets is Ocean Thermal Energy Conversion (OTEC). OTEC uses the oceans
natural thermal gradient to generate power. On an average day, 60 million square
kilometres of tropical seas absorb an amount of solar radiation equivalent to the
energy produced by approximately 250 billion barrels of oil. The temperature
difference between deep and shallow ocean waters offers tremendous potential for
producing energy. In 2013 we signed a contract with Reignwood Group to develop
and build a 10-megawatt OTEC power plant. This plant will be the largest OTEC
project developed to date, and represents a new adjacent market growth opportunity
for the Corporation. For our ongoing sustainability efforts, we were pleased to be
recognized by a number of outside organizations. We were named to a highlyrespected benchmark for sustainability, the 2013 Dow Jones Sustainability North
America Index. CDP (formerly the Carbon Disclosure Project) scored us one of the
top companies worldwide on its 2013 Global Carbon Performance Leadership Index.
And we advanced to be among the top three companies in our industry for

environmental, social and governance performance as ranked by MSCI, a leading

provider of indices and portfolio analytics.