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Lockheed Martin
 @ widgette.com

Company Profile

Lockheed Martin Corp. (LMT) is a veteran in the manufacturing of aircraft, spacecraft, launch vehicles, satellites, missiles, electronics, information and energy management systems. Now, they are entering into the broadband and internet arena.
Lockheed Martin Corp... announced a partnership with TRW Inc. and Telecom Italia SpA to develop a $3.6 billion satellite system that will provide global, broadband multimedia and Internet access.

Lockheed Martin said its Global Telecommunications Group will invest $400 million in the venture and Telespazio, part of the Telecom Italia group , and TRW (TRW) will each invest $250 million.

-- Reuters

Acquisition Costs

May 7, 1999
Buy 25 Shares @ 44 1/16 LMT Lockheed Martin Corp. $1,101.56
Commission $14.95
TOTAL $1,116.51



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