LOCKHEED CORP
S-8 POS, 1995-06-12
GUIDED MISSILES & SPACE VEHICLES & PARTS
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As filed with the Securities and Exchange Commission on June 12, 1995
                                             Registration No. 2-78269



                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                             _____________________


                        POST-EFFECTIVE AMENDMENT NO. 1 
                                       To
                                    Form S-8

                             REGISTRATION STATEMENT
                                     Under
                           THE SECURITIES ACT OF 1933

                             _____________________


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

          Delaware                                       95-0941880
     (State or other jurisdiction of                     (I.R.S. Employer
     incorporation or organization)                     Identification No.)

                          4500 Park Granada Boulevard
                          Calabasas, California 91399
   (Address, including zip code of registrant's principal executive
offices)

           Lockheed Corporation 1982 Employee Stock Purchase Program
                            (Full title of the plan)

                             Stephen M. Piper, Esq.
                          Lockheed Martin Corporation
                              6801 Rockledge Drive
                            Bethesda, Maryland 20817
                                 (301) 897-6000
           (Name, Address, including zip code, and telephone number,
            including area code, of registrant's agent for service)


<PAGE>


                                    PART II
               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT



     The Registrant hereby deregisters all securities registered under this
Registration Statement and not issued prior to the date hereof.


<PAGE>

                                   SIGNATURES


     Pursuant to the requirements of the Securities Act of 1933, the
Registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Calabasas, State of California,
on June 5, 1995.

                                   LOCKHEED CORPORATION

                                   By /s/WALTER E. SKOWRONSKI
                                      ________________________________
                                         Walter E. Skowronski
                                        Vice President & Treasurer         
        
                                   By /s/CAROL R. MARSHALL
                                      ________________________________
                                         Carol R. Marshall
                                         Vice President


     Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated.

     Signatures                    Title                           Date


/S/ ROBERT B. CORLETT              Director                June 5, 1995
_______________________________
Robert B. Corlett


/S/ VINCENT N. MARAFINO            Chief Financial and     June 5, 1995
_______________________________
Vincent N. Marafino                Administrative Officer
                               (Principal Financial Officer)


/S/ CAROL R. MARSHALL              Director                June 5, 1995
_______________________________
Carol R. Marshall


/S/ ROBERT E. RULON            Vice President & Controller June 5, 1995
_______________________________
Robert E. Rulon               (Principal Accounting Officer)
                              and Director


/S/ WALTER E. SKOWRONSKI           Director                June 5, 1995
_______________________________
Walter E. Skowronski


/S/ DANIEL M. TELLEP           Chief Executive Officer     June 5, 1995
_______________________________
Daniel M. Tellep              (Principal Executive Officer)


/S/ W. T. VINSON                   Director                June 5, 1995
_______________________________
W. T. Vinson



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