Lockheed Martin Selected by Pepco to Manage Commercial Energy Efficiency Programs...

Lockheed Martin Selected by Pepco to Manage Commercial Energy Efficiency
Programs in Nation's Capital
Contract Adds to Lockheed Martin's Growing Energy Portfolio

ROCKVILLE, Md., Aug. 17 /PRNewswire/ -- Lockheed Martin announced today that
it was awarded a three-year contract by Pepco Holdings, Inc., to implement
energy efficiency and conservation programs and services for its Pepco
non-residential customers in the District of Columbia. Also known as "demand
side management," the contract is part of Pepco's plan to empower customers to
manage and reduce their energy usage and costs while protecting the
environment. The programs are scheduled to run until 2011 and include a budget
of $12.7 million.

"Pepco has made a commitment to energy efficiency as a tool to help its
customers conserve power and reduce their environmental impact," says Tom
Grumbly, vice president, Lockheed Martin Energy & Environmental Services. "We
are excited to help Pepco and its customers solve their complex energy
challenges through innovative energy efficiency programs and green technology
applications."

Under the contract, Lockheed Martin will manage several programs to encourage
Pepco's commercial, governmental and institutional customers to identify and
implement energy saving opportunities related to building performance. The
Prescriptive Rebate Program, Custom Incentive Program, HVAC Efficiency
Program, and Building Commissioning and Operations & Maintenance Program will
be designed to encourage the use of cost-effective, energy efficient products
and design practices during new construction, renovations, remodels, and
equipment replacement events. The programs will encourage electrical,
mechanical, and lighting systems improvements, and employ best practices for
building commissioning, as well as improving building operation and
maintenance practices for Pepco's customers.

"These programs support President Barack Obama's vision for a new green
energy economy that will transform the way we use energy," said Thomas Graham,
President, Pepco Region. "Pepco is looking forward to working with Lockheed
Martin to promote the value of purchasing energy efficient products to our
customers with an eye toward making program participation as simple as
possible for consumers."

Lockheed Martin supports its clients in addressing the nation's energy and
climate challenges in the areas of energy efficiency and management,
next-generation alternative power generation, and climate monitoring. The
Corporation provides a full range of energy solutions to the government and
regulated industry, including the Department of Energy, Environmental
Protection Agency, state and regional energy organizations, utilities and
businesses.

Lockheed Martin is one of the nation's largest implementers of energy
efficiency programs for utility customers. These include the New York State
Energy Research and Development Authority (NYSERDA), AmerenUE (Missouri),
Energy Trust of Oregon, Pacific Gas & Electric Co., Southern California Edison
Co. and several other utilities throughout the U.S.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company
that employs about 146,000 people worldwide and is principally engaged in the
research, design, development, manufacture, integration and sustainment of
advanced technology systems, products and services. The corporation reported
2008 sales of $42.7 billion.

For information on these programs, visit www.pepco.com/business or contact
Lockheed Martin at 301-519-5383.

For additional information, visit our Web site:
http://www.lockheedmartin.com

SOURCE Lockheed Martin

Anna DiPaola Gemolas, +1-301-519-6554, +1-240-535-3862 (cell),
anna.dipaola@lmco.com