Exhibit 23





                        CONSENT OF INDEPENDENT AUDITORS

We consent to the incorporation by reference in the registration statements of 
Lockheed Martin Corporation on Form S-3 (File No. 33-58067), Form S-8 (File No. 
33-58073), Form S-8 (File No. 33-58075), Form S-8 (File No. 33-58077), Form S-8 
(File No. 33-58079), Form S-8 (File No. 33-58081), Form S-8 (File No. 33-58083),
Form S-8 (File No. 33-58085), Form S-8 (File No. 33-58089), Form S-8 (File No. 
33-58097), Form S-8 (File No. 33-57645) and Form S-8 (File No. 33-63155) of our 
report dated May 11, 1995 (except as to the information presented in Notes 1 and
14, for which the date is January 12, 1996), on our audit of the consolidated 
financial statements of Loral Corporation and Subsidiaries-Retained Business as 
of March 31, 1995 and 1994, and for each of the three years in the period ended 
March 31, 1995, which report is included in this Form 8-K/A.


                                                /s/ COOPERS & LYBRAND L.L.P.

New York, New York
May 8, 1996