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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
ORION NETWORK SYSTEMS, INC.
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(NAME OF ISSUER)
COMMON STOCK, $0.01 PAR VALUE
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(TITLE OF CLASS OF SECURITIES)
68628K 10 4
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(CUSIP NUMBER)
STEPHEN M. PIPER, ESQUIRE, ASSOCIATE GENERAL COUNSEL AND ASSISTANT SECRETARY
LOCKHEED MARTIN CORPORATION
6801 ROCKLEDGE DRIVE, BETHESDA, MD 20817, 301-897-6000
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(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO
RECEIVE NOTICES AND COMMUNICATIONS)
DECEMBER 9, 1997
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(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
If the filing person previously filed a statement of Schedule 13G to report the
acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [_].
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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SCHEDULE 13D/A
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CUSIP No. 68628K 10 4 Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lockheed Martin Corporation
I.R.S. Employer Identification No. 52-1893632
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
00
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
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PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
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14 TYPE OF REPORTING PERSON*
HC
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SCHEDULE 13D/A
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CUSIP No. 68628K 10 4 Page 3 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lockheed Martin Commercial Launch Services, Inc.
I.R.S. Employer Identification No. 84-1070308
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
Not Applicable
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
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PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
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14 TYPE OF REPORTING PERSON*
CO
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Schedule 13D/A
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This Amendment No. 1 to the statement on Schedule 13D (the "Amendment")
relates to shares of Common Stock, $0.01 par value per share (the "Common
Stock") of Orion Network Systems, Inc. (the "Company") and is being filed by
Lockheed Martin Corporation ("Lockheed Martin") and Lockheed Martin Commercial
Launch Services, Inc. ("LMCLS") (collectively, the "Reporting Persons") in
connection with the disposition of Common Stock currently owned by the Reporting
Persons. The Company's principal executive offices are located at 2440 Research
Boulevard, Suite 400, Rockville, Maryland 20850.
Item 1. Security and Issuer.
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Common Stock, $0.01 par value per share
Orion Network Systems, Inc.
Research Boulevard
Suite 400
Rockville, Maryland 20850
Item 2. Identity and Background.
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Lockheed Martin Corporation
6801 Rockledge Drive
Bethesda, maryland 20817
Lockheed Martin is incorporated in Maryland.
Lockheed Martin Commercial Launch Services, Inc.
12999 Deer Creek Canyon Road
Littleton, Colorado 80127
LMCLS is incorporated in Delaware.
LMCLS is a commercial launch services provider. Lockheed Martin owns all
of the capital stock of LMCLS. Lockheed Martin is a diversified enterprise
principally engaged in the conception, design, manufacture and integration of
advanced technology products and services for the United States government and
private industry. Lockheed Martin also manages significant facilities for the
Department of Energy.
The Reporting Persons have not, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations and similar
misdemeanors). On January 27, 1995, Lockheed Corporation, one of the
corporations that combined to form Lockheed Martin, entered into a plea
agreement pursuant to which Lockheed Corporation agreed to plead guilty to one
count of conspiring to violate the bribery provisions of the Foreign Corrupt
Practices Act and conspiracy of falsify its books, records and
Page 4 of 6
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accounts. For further information concerning the plea agreement and the events
out of which it arose, see the description contained under the caption
"Lockheed Plea Agreement" on page 54 of the Joint Proxy Statement/Prospectus
which is contained in Registration Statement No. 33-57645 on Form S-4 filed by
Lockheed Martin on February 9, 1995.
The Reporting Persons have not, during the last five years, been subject
to a judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities laws
or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or other Consideration.
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Not applicable.
Item 5. Interest in Securities of the Issuer.
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The response set forth in Item 5 of the Statement is hereby incorporated
by reference as is amended and supplemented by the following:
On December 9, 1997, LMCLS sold 1,426,800 shares of Common Stock on the
open market. The following day, LMCLS sold the remaining 1,005 shares of Common
Stock owned by it. As a result of the foregoing transactions, the Reporting
Persons hold no outstanding shares of Common Stock, and, accordingly, the
Statement is hereby terminated.
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SIGNATURE
After reasonable inquiry and to the best of his knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
LOCKHEED MARTIN CORPORATION
By: /s/ Stephen M. Piper
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Stephen M. Piper
Associate General Counsel and
Assistant Secretary
LOCKHEED MARTIN COMMERCIAL LAUNCH
SERVICES, INC.
By: /s/ Mark B. Ide
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Mark B. Ide
Assistant Treasurer
Dated: December 12, 1997
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