Lockheed Martin Corporation signs on as sponsor of Inventing Flight: Dayton 2003

Washington, D.C.
February 6, 2002

Momentum for the national celebration of the 100th anniversary of the Wright brothers' first powered flight continues to build. At a recent meeting of the U.S. Centennial of Flight Commission, Inventing Flight: Dayton 2003 announced that aerospace industry giant Lockheed Martin Corporation (NYSE: LMT) has joined the celebration as the presenting sponsor of the Exploration Pavilion at Dayton's Centennial celebration.

As a pavilion sponsor, Lockheed Martin, in conjunction with Inventing Flight officials, will design and produce a 10-15,000-square-foot Exploration Pavilion that celebrates 100-years of powered flight. Visitors of all ages will be encouraged to visit the Lockheed Martin Exploration Pavilion to discover and examine a variety of complex aeronautical sciences with fun, easy to understand exhibits, as well as dynamic interactive attractions.

"Because of its pioneering and innovative contributions to the aerospace industry, Lockheed Martin was an obvious choice for the sponsorship of the Exploration Pavilion," said Inventing Flight Chief Operating Officer William J. Roess. "We look forward to working with Lockheed Martin to develop a pavilion that will motivate our visitors to further explore their world."

"Lockheed Martin is proud to partner with Inventing Flight in educating and inspiring the public about our diverse, technology rich industry," said Lockheed Martin Chief Executive Officer Vance D. Coffman.

"Dayton's 2003 Centennial Celebration will be a unique event that truly celebrates the aerospace
industry as a whole, and it is our hope the Lockheed Martin Exploration Pavilion will stimulate a
renewed vision, spirit and enthusiasm for the miracle of flight."

Inventing Flight: Dayton 2003 was founded in 1989 to promote aviation, the Wright brothers and especially Dayton, Ohio's role in the birth and future of aviation. Drawing from the rich history of the Wright brothers, Inventing Flight will launch a once-in-a-lifetime, centennial of flight experience that will instill enthusiasm for innovation and new ideas.

"Lockheed Martin's involvement with Inventing Flight is a sign that the magnitude of the celebration is growing every day," Gen. J.R. "Jack" Dailey, Chairman of the Commission, said. "The aerospace industry is an integral part of our nation's aviation history and Lockheed's support will make Inventing Flight: Dayton 2003 a memorable celebration."

The Inventing Flight 2003 Centennial Celebration will include four pavilions at the Celebration Central venue located at Deeds Point in Dayton, Ohio. The other pavilions include the Invention, the Communication and the Imagination Pavilions. In December, Inventing Flight revealed plans for the RE/MAX Balloon Celebration to take place during the celebration. RE/MAX will sponsor a mass, hot air balloon ascension and a hot air balloon glow both to take place on the grounds of the United States Air Force Museum. The balloon celebration will also feature a gas balloon race from Dayton to Kitty Hawk, NC.

Inventing Flight: Dayton 2003 will be an important part of the national celebration, Centennial of Flight: Born of Dreams - Inspired by Freedom. The celebration is being coordinated by the U.S. Centennial of Flight Commission, which was Congressionally mandated to expand national and international interest in the commemoration of the Wright brothers' first flight.

About Lockheed Martin:
Headquartered in Bethesda, Maryland, Lockheed Martin (NYSE: LMT) is a customer focused, highly diversified, global enterprise principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services for government and commercial customers. The Corporation's core business areas are Systems Integration, Aeronautics, Space Systems and Technology Services. Lockheed Martin had 2001 sales surpassing $24 billion. For more information, visit the company's web site at www.lockheedmartin.com.

About Inventing Flight: Dayton 2003:
Inventing Flight: Dayton 2003 was founded in 1989 to promote aviation, the Wright brothers and especially Dayton, Ohio's role in the birth and future of aviation. Drawing from the rich history of the Wright brothers, Inventing Flight will launch a once-in-a-lifetime, centennial of flight experience that will instill enthusiasm for innovation and new ideas. For more information, visit the organization's web site at www.inventingflight.com.

About the U.S. Centennial of Flight Commission:
The U.S. Centennial of Flight Commission was created by Congress to expand national and international interest in the commemoration of the centennial of powered flight. The Commission is coordinating a national outreach campaign and advising the President, Congress and federal agencies on the most effective ways to encourage and promote national and international participation in 2003. Its members include the director of the National Air and Space Museum, the administrators of NASA and the FAA, the presidents of the EAA and First Flight Centennial Foundation of North Carolina, and the chairman of Inventing Flight: Dayton 2003. More information about the Commission can be found on the U.S. Centennial of Flight Commission Web site at www.centennialofflight.gov.

Contact:

Christian Markow
U.S. Centennial of Flight Commission
804.675.8153
cmarkow@crtpr.com

Natasha Baker
David K. Burnap Public Relations
937.913.2837
nbaker@dkburnap.com