Executives

– Jerry Kircher – Vice President, Investor Relations
– Marillyn Hewson – Chairman, President and CEO
– Bruce Tanner – Executive Vice President and CFO

Operator

Good day. And welcome everyone to the Lockheed Martin Third Quarter 2014 Earnings Results Conference Call. Today’s call is being recorded.

At this time, for opening remarks and introductions, I would like to turn the call over to Mr. Jerry Kircher, Vice President of Investor Relations. Please go ahead, sir.

Jerry Kircher – Vice President, Investor Relations

Thank you, Shannon, and good morning, everyone. I’d like to welcome you to our third quarter 2014 earnings conference call. Joining me today on the call are Marillyn Hewson, our Chairman, President and Chief Executive Officer; and Bruce Tanner, our Executive Vice President and Chief Financial Officer.

Statements made in today’s call that are not historical facts are considered forward-looking and are made pursuant to the Safe Harbor provisions of Federal Securities Law. Actual results may differ.

Please see today’s press release and our SEC filings for a description of some of the factors that may cause actual results to vary materially from anticipated results.

We have posted charts on our website today that we plan to address during the call to supplement our comments. Please access our website at www.lockheedmartin.com and click on the Investor Relations link to view and follow the charts.

With that, I’d like to turn the call over to Marillyn.

Marillyn Hewson – Chairman, President and CEO

Thanks, Jerry. Good morning, everyone. Thank you for joining us on the call today. As we review our financial results and key accomplishments in the quarter, as well as provide a brief update on some of our strategic initiatives. As today’s release detailed, we continue to drive towards achievement of our full year goal with another quarter of solid operational and financial results.

Although, we continue to face global economic challenges, these results reflect the execution across all of our businesses as the Corporation continues to operate a very strong level in returning value to stockholders, while providing critical solutions to our customers. The daily focus and efforts of our team are the foundation of our ability to deliver broad-base results across the Corporation and I thank them for their ongoing contributions.

Turning to our financials, while, Bruce, will cover the results in detail later, I want to particularly highlight our continued exceptional cash generation. This quarter we achieved approximately $1 billion in cash from operations, bringing our September year-to-date cash generation to over $4 billion.

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