Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement No. 333-176446
Issuer Free Writing Prospectus, dated September 6, 2011
Lockheed Martin Corporation
Pricing Term Sheet
September 6, 2011
| 2.125% Notes due 2016 | 3.350% Notes due 2021 | 4.850% Notes due 2041 | ||||
| Issuer: |
Lockheed Martin Corporation | Lockheed Martin Corporation | Lockheed Martin Corporation | |||
| Security Type: |
Senior Unsecured | Senior Unsecured | Senior Unsecured | |||
| Trade Date: |
September 6, 2011 | September 6, 2011 | September 6, 2011 | |||
| Settlement Date (T+3): |
September 9, 2011 | September 9, 2011 | September 9, 2011 | |||
| Interest Payment Dates: |
March 15 and September 15, commencing on March 15, 2012 |
March 15 and September 15, commencing on March 15, 2012 | March 15 and September 15, commencing on March 15, 2012 | |||
| Expected Ratings*: |
Baa1/A-/A- | Baa1/A-/A- | Baa1/A-/A- | |||
| Size: |
$500,000,000 | $900,000,000 | $600,000,000 | |||
| Maturity: |
September 15, 2016 | September 15, 2021 | September 15, 2041 | |||
| Coupon: |
2.125% per annum, accruing from September 9, 2011 | 3.350% per annum, accruing from September 9, 2011 | 4.850% per annum, accruing from September 9, 2011 | |||
| Price to Public: |
99.924% of face amount, plus accrued interest, if any, from September 9, 2011 |
99.730% of face amount, plus accrued interest, if any, from September 9, 2011 |
99.279% of face amount, plus accrued interest, if any, from September 9, 2011 | |||
| Yield to maturity: |
2.141% | 3.382% | 4.896% | |||
| Spread to Benchmark Treasury: |
T+127 basis points | T+142 basis points | T+167 basis points | |||
| Benchmark Treasury: |
1.000% due August 31, 2016 |
2.125% due August 15, 2021 |
4.375% due May 15, 2041 | |||
| Benchmark Treasury Price and Yield: |
100-20 / 0.871% | 101-15 / 1.962% | 121-27 / 3.226% | |||
| Redemption Make-WholeCall: |
T+20 basis points | T+25 basis points | T+25 basis points | |||
| CUSIP #: |
539830 AX7 |
539830 AY5 |
539830AZ2 | |||
| ISIN #: |
US539830AX79 |
US539830AY52 |
US539830AZ28 | |||
| Joint Book-Running Managers: |
Citigroup Global Markets Inc.
J.P. Morgan Securities LLC
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Morgan Stanley & Co. LLC
Wells Fargo Securities, LLC | |||||
| Joint Lead Managers: |
Credit Agricole Securities (USA) Inc.
Goldman, Sachs & Co.
Mitsubishi UFJ Securities (USA), Inc.
Mizuho Securities USA Inc.
UBS Securities LLC
U.S. Bancorp Investments, Inc. | |||||
| Co-Managers: |
ANZ Securities, Inc.
Lloyds Securities Inc.
RBC Capital Markets, LLC
SMBC Nikko Capital Markets Limited
| |||||
* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC that are incorporated by reference in the prospectus for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Citigroup Global Markets Inc., toll free, at 1-877-858-5407 or J.P. Morgan Securities LLC, at 1-212-834-4533.
This pricing term sheet supplements the preliminary form of prospectus supplement issued by Lockheed Martin Corporation on September 6, 2011 relating to its Prospectus dated August 23, 2011.
Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.