FORM 10-Q/A

                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549

                QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

For Quarter Ended   JUNE 30, 1995   Commission File Number   1-11437


                           LOCKHEED MARTIN CORPORATION
             (Exact name of registrant as specified in its charter)


              MARYLAND                                    52-1893632
    (State or other jurisdiction of      (I.R.S. Employer Identification Number)
    incorporation or organization)

        6801 Rockledge Drive, Bethesda, MD                    20817
     (Address of principal executive offices)              (Zip Code)


Registrant's telephone number, including area code         (301) 897-6000



Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.

                                                        YES  X    NO

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

                    Class          Outstanding as of July 31, 1995

   Common Stock, $1 par value      200,289,477











                          LOCKHEED MARTIN CORPORATION
                                 FORM 10-Q/A
                       FOR THE QUARTER ENDED JUNE 30, 1995


The Financial Data Schedule (Exhibit 27) included with the Registrant's
filing on Form 10-Q for the Quarter ended June 30, 1995 was not
recognizable by the EDGAR system as a separate electronic document
within the submission.  Therefore, the Registrant is filing this
amendment to the Form 10-Q to refile the Financial Data Schedule
as a separate electronic document.  The text of the Financial Data
Schedule is identical to that filed earlier.





                                  SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the
resigtrant has duly caused this report to be signed on its behalf by the
by undersigned thereunto duly authorized.




LOCKHEED MARTIN CORPORATION
                                          (Registrant)




Date:  September 27, 1995     by:         /s/Robert E. Rulon
                                             Robert E. Rulon
                                      Vice President and Controller
                                        (Chief Accounting Officer)