Exhibit 10(ppp)


RESOLUTION NO.  150
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                          Lockheed Martin Corporation
                               Board of Directors

                                 June 27, 1997

                          Amendment of Lockheed Martin
                           Nonqualified Pension Plans



          RESOLVED, that the Vice President, Human Resources be and is hereby
          authorized to amend, effective July 1, 1997, (i) the Lockheed Martin
          Corporation Supplemental Excess Retirement Plan and the Lockheed
          Martin Corporation Supplemental Retirement Income Plan to provide a
          lump sum payment option;  and (iii) the Lockheed Martin Corporation
          Supplemental Excess Retirement Plan, the Lockheed Martin Corporation
          Supplemental Retirement Income Plan, the Lockheed Martin Corporation
          Supplementary Pension Plan for Employees of Transferred GE Operations,
          the Lockheed Martin Corporation Incentive Retirement Benefit Plan for
          Certain Executives of Lockheed Corporation, Supplemental Retirement
          Benefit Plan for Certain Transferred Employees of Lockheed Martin
          Corporation, the Supplemental Benefit Plan of Lockheed Martin
          Corporation, and the Sanders Supplemental Executive Retirement Plan to
          reflect the common pension formula contained in the tax-qualified
          plans effective July 1, 1997 and to otherwise make such nonqualified
          plans consistent in form and operation with each other.

          RESOLVED FURTHER, that the officers of the Corporation be and each
          hereby is authorized to execute and deliver such documents, and to
          take all such further actions, as such officers shall determine in
          their sole discretion to be necessary or advisable to effect the
          intent of the foregoing resolution.