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Presented by: Sue McCormick Heisler Lockheed Martin Corporation

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Presented by: Sue McCormick Heisler Lockheed Martin Corporation

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    2. Agenda Overview of Lockheed Martin Corporation Our Diversity Journey What Gets Measured Gets Done – DMM The Way Forward

    3. Lockheed Martin … Who We Are

    4. Agenda Overview of Lockheed Martin Corporation Our Diversity Journey What Gets Measured Gets Done – DMM The Way Forward

    5. Business Imperative Leaders Faced a Changing Landscape for Seeking, Finding, Identifying and Retaining Talent

    6. The A&D industry will have to compete with the rest of the economy for a diminished supply of entry-level technicians and engineers. Industry-wide, some 19% of A/D employees are eligible for retirement. Average A/D worker is 53 years old with 24 years of experience. Yet US colleges and universities producing about 75K engineers each year (India 300K, China 500K). The A&D industry will have to compete with the rest of the economy for a diminished supply of entry-level technicians and engineers. Industry-wide, some 19% of A/D employees are eligible for retirement. Average A/D worker is 53 years old with 24 years of experience. Yet US colleges and universities producing about 75K engineers each year (India 300K, China 500K).

    7. The Executive Diversity Council developed the corporation’s diversity vision, definition and mission that align with business objectives.The Executive Diversity Council developed the corporation’s diversity vision, definition and mission that align with business objectives.

    8. Diversity Concept of Operations

    9. Corporate Diversity Focus Initiatives

    10. Agenda Overview of Lockheed Martin Corporation Our Diversity Journey What Gets Measured Gets Done – DMM The Way Forward

    11. DMM -- What it Does… Assesses Diversity of a Business Focuses on selected business characteristics Utilizes business information to evaluate progress (e.g. strategy, policy, procedures, practices, activities, data) Methodology for gap identification, improvement and iterative reassessment Does Not Proscribe a Business Framework

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