Lockheed Martin Corporation · NYSE:LMT

Lockheed Martin — Investor Presentation (March 2010)

16 slides from Lockheed Martin's investor presentation, Mar 3, 2010

  1. Slide 1: Tallevast Community Meeting

    Tallevast Community Meeting Lockheed Martin Corporation March 3, 2010

  2. Slide 2: Agenda

    Agenda Background • Process for defining the problem • What was found • What has been done Proposed Plan • Planning process • What is proposed • How long will it take 2

  3. Slide 3: Background

    Background 3

  4. Slide 4: Process for Defining the Problem

    Process for Defining the Problem Determine chemicals that could have been released • Comprehensive examination of Plant records to identify chemicals used Determine what was impacted • Test soil, groundwater, surface water, sediment, and soil gas Determine exposure pathways Determine migration pathw

  5. Slide 5: Process for defining the problem (cont.)

    Process for defining the problem (cont.) Samples collected for laboratory analysis: • Collected hundreds of soil samples from the facility and the community • Collected hundreds of groundwater samples from wells on the facility and in the community • Sediment samples • Surface water samples • Soil g

  6. Slide 6: What Was Found

    What Was Found Soil • Petroleum related and volatile chlorinated compounds in former sump area at plant -Arsenic -Beryllium -Copper -TPH -PCE -PAHs Groundwater • 1,4-dioxane, chlorinated compounds, their breakdown products -1,4-dioxane -PCE -TCE -cis-1,2-DCE -1,1-DCE -1,1-DCA -1,1,1-TCA -Vinyl chlor

  7. Slide 7: Depth of Groundwater Contamination

    Depth of Groundwater Contamination Depth (feet) 0 100 200 300 400 7

  8. Slide 8: Extent of Groundwater Contamination

    Extent of Groundwater Contamination 8

  9. Slide 9: What Has Been Done

    What Has Been Done Removed sumps and surrounding soil Closed private wells Initiated a groundwater recovery and treatment system at the facility • Recovered millions of gallons of contaminated groundwater • Removed over a hundred pounds of contaminants • Conducted a source removal to address the spi

  10. Slide 10: Proposed Plan

    Proposed Plan 10

  11. Slide 11: Planning Process

    Planning Process • Establish clean up objectives • Compile all methods of cleaning up groundwater and soil contamination • Eliminate methods that can’t meet clean up objectives • Compare remaining methods against selection criteria to find best alternative • Tailor best alternative to address unique

  12. Slide 12: What is Proposed: Soil on LMC Property

    What is Proposed Soil on LMC Property • Institutional and Engineering Controls - Restrictive covenant - Fence - Paving/cover 12

  13. Slide 13: What is Proposed (cont.): Groundwater

    What is Proposed (cont.) Groundwater • Install extraction system in the best locations to pull contaminated water out of the ground • Build a treatment system capable of treating all chemicals of concern in groundwater • Pump and treat until the groundwater meets State Cleanup Target Levels • Conduc

  14. Slide 14: What is Proposed (cont.): Lessons learned from interim systems

    What is Proposed (cont.) Incorporates lessons learned from operating interim systems • Multiple levels of backup on system controls/alarms • Operators present 24/7 • All treatment systems in one building within secondary containment 14

  15. Slide 15: Groundwater Extraction System

    Groundwater Extraction System 15

  16. Slide 16: Areas of Highest Concentrations

    Areas of Highest Concentrations 16

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