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 LOCKHEED MARTIN

MISSION STATEMENT

To have a world class program promoting inclusion of small, small disadvantaged, woman, and veteran-owned businesses; as well as historically black and tribal colleges, universities, and minority institutions in business opportunities.

OBJECTIVE

The objectives of the Lockheed Martin Supplier Diversity program are:

1.  To ensure that small businesses of all type are given a fair opportunity and consideration to participate in the corporations subcontracting process.
2.  Provide all Lockheed Martin personnel who are involved in the acquisition of materials and services the adequate tools and training that will enhance their ability to meet the companies supplier diversity goals and objectives.

POLICY

It is Lockheed Martin policy that its business units will conduct socioeconomic subcontracting programs in recognition of compelling moral, social and economic necessity. It is also Lockheed Martin policy to facilitate the achievement of its negotiated subcontracting goals by developing the capabilities of, and pursuing opportunities to award subcontracts and other procurements to, small, small disadvantaged, women, veteran, and historically black and tribally owned colleges and universities, and other minority institutions

In furtherance of these objectives, Lockheed Martin will institute a proactive supplier diversity program designed to develop the growth and competitive capabilities that will enable such businesses to become responsible suppliers. This program will be consistent with Lockheed Martin's policy of considering all subcontractors and suppliers fairly in competition for requirements falling within their demonstrated capabilities.

This policy applies to government contracts and, to the extent practicable, commercial programs.

If you have questions regarding Lockheed Martin's Supplier Diversity program call 877-LMC-SBLO.

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