Davis Polk – Lockheed Martin Corporation $2 Billion Notes Offering

Davis Polk advised underwriters represented by Citigroup Global Markets Inc. and J.P. Morgan Securities LLC in connection with the offering of $2 billion aggregate principal amount of notes issued by Lockheed Martin Corporation. The notes were offered in three tranches maturing in 2016, 2021 and 2041.

Lockheed Martin is a global security company that is principally engaged in research, design, development, manufacture, integration and sustainment of advanced technology systems and products. 
The Davis Polk corporate team included partner Alan Dean and associates Adam J. Gelardi and Kristen L. Haase. The tax team included partner Po Sit and associate Anthony L. Oliva. The environmental team included Counsel Loyti Cheng and associates Hayden S. Baker and Amy E. Turner. Joshua Sills was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.