Directors Charitable Award Plan

Exhibit 10(f)


Lockheed Martin Corporation
Directors Charitable Award Plan


Plan Document Amended and Restated
Effective June 1, 1995


The Lockheed Martin Corporation Directors Charitable Award Plan ("Plan") was originally adopted effective July 1, 1994 as the Martin Marietta Corporation Directors Charitable Award Plan ("Prior Plan"). Effective March 15, 1995, Lockheed Martin Corporation (the "Corporation") assumed the rights and obligations of Martin Marietta Corporation under the Prior Plan. Effective June 1, 1995, the Corporation adopted the Prior Plan and amended and restated the Prior Plan to make it applicable to members of the Board of Directors of the Corporation.


1. PURPOSE OF THE PLAN


The Plan allows each eligible Director of the Corporation to recommend that
the Corporation make a donation of up to $1,000,000 to the eligible tax-
exempt organization(s) (the "Donee(s)") selected by the Director, with the
donation to be made, in the Director's name, in ten equal annual
installments, with the first installment to be made as soon as is
practicable after the Director's death. The purpose of the Plan is to
recognize the interest of the Corporation and its Directors in supporting
worthy educational institutions and/or charitable organizations.


2. ELIGIBILITY


All persons serving as Directors of the Corporation as of June 1, 1995,
shall be eligible to participate in the Plan. Any Director who joins the
Corporation's Board of Directors after that date shall be immediately
eligible to participate in the Plan upon election to the Board.
Individuals who were Directors of Martin Marietta Corporation on March 15,
1995 are also eligible for benefits under the Plan.


3. AMOUNT AND TIMING OF DONATION


Each eligible Director may choose one organization to receive a Corporation
donation of $1,000,000, or up to five organizations to receive donations
aggregating $1,000,000. Each recommended organization must be designated
to receive a donation of at least $100,000. The donation will be made by
the Corporation in ten equal annual installments, with the first
installment to be made as soon as is practicable


after the Director's death, and each later installment to be made at
approximately the same time in the following years. If a Director
recommends more than one organization to receive a donation, each will
receive a prorated portion of each annual installment as follows: Each
annual installment payment will be divided among the recommended
organizations in the same proportions as the total donation amount has been
allocated among the organizations by the Director.


4. DONEES


In order to be eligible to receive a donation, a recommended organization
must be a tax-exempt charitable organization or educational institution and
must initially, and at the time a donation is to be made, be able to
demonstrate receipt of an IRS notice of qualification to receive tax
deductible contributions, if requested by the Corporation, and be reviewed
and approved by the Directors Charitable Award Plan Committee (the
"Committee"). The Committee may disapprove a donation if it determines
that a donation to the organization would be detrimental to the best
interests of the Corporation. A Director's private foundation is not
eligible to receive donations under the Plan. If an organization
recommended by a Director ceases to qualify as a Donee, and if the Director
does not submit a form to change the recommendation before his or her
death, the amount recommended to be donated to the organization will
instead be donated to the Director's remaining qualified Donee(s) on a
prorata basis. If all of a Director's recommended organizations cease to
qualify, the amount will be donated to organizations selected by the
Corporation. A D ...