On May 5, 2022, Lockheed Martin Corporation completed the issuance and sale of a total of $2,300,000,000 of senior unsecured notes, consisting of $800,000,000 aggregate principal amount of 3.900% Notes due 2032 (the 2032 Notes"), $850,000,000 aggregate principal amount of 4.150% Notes due 2053 (the 2053 Notes") and $650,000,000 aggregate principal amount of 4.300% Notes due 2062 (the 2062 Notes" and, together with the 2032 Notes and the 2053 Notes, the Notes"), pursuant to an underwriting agreement (the Underwriting Agreement") dated April 21, 2022, among the Company and Wells Fargo Securities, LLC and BofA Securities Inc., as representatives of the several underwriters named in Schedule I thereto. The Notes were sold in a public offering pursuant to the Company's effective registration statement on Form S-3 (File No. 333-237836) and the base prospectus included in that registration statement, as supplemented by the final prospectus supplement, dated April 21, 2022, as filed with the Securities and Exchange Commission.

The 2032 Notes mature on June 15, 2032, the 2053 Notes mature on June 15, 2053 and the 2062 Notes mature on June 15, 2062. The Company will pay interest on each series of Notes semi-annually in arrears on June 15 and December 15 of each year, beginning on June 15, 2022. The Company may, at its option, redeem the Notes of any series in whole or in part at any time and from time to time at the redemption prices described in the Final Prospectus Supplement and the applicable Note.