United States
Securities and Exchange Commission
Washington, DC  20549

Form 13 F

Report for the Calendar Year or Quarter Ended:			June 30, 2009

Report type:	13F Holdings Report

Institutional Investment Manager Filing this Report:

Name:		Lockheed Martin Investment Management Company
		6901 Rockledge Drive, 4th Floor
		Bethesda, MD  20817

13F File Number #28-2847

Person signing this report on behalf of Reporting Manager:

Name:		Jeffrey A. Sharpe
Title:		President
Phone:		301-571-7130

Signature, Place, and Date of Signing:

Jeffrey A. Sharpe,	Bethesda, MD	July 28, 2009




I am signing this report as required by the Securities Exchange Act of 1934.


							   FORM 13F
						        June 30, 2009


                                                                  FORM 13F INFORMATION TABLE
                                                           VALUE   SHARES/  SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
        NAME OF ISSUER          TITLE OF CLASS    CUSIP   (x$1000) PRN AMT  PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
                                                                                           
ABBOT LAB                      COM              002824100     9643   205000 SH       SOLE                   205000
ALCON INC.                     COM              H01301102     6967    60000 SH       SOLE                    60000
ALTRIA GROUP INC.              COM              02209S103     6777   413500 SH       SOLE                   413500
AMAZON.COM INC.                COM              023135106     4752    56800 SH       SOLE                    56800
APPLE INC                      COM              037833100     8289    58200 SH       SOLE                    58200
AT&T INC                       COM              00206R102     9911   399000 SH       SOLE                   399000
BAXTER INTERNATIONAL           COM              071813109     4777    90200 SH       SOLE                    90200
CISCO SYSTEMS INC              COM              17275R102     7636   409440 SH       SOLE                   409440
CITRIX SYSTEM                  COM              177376100     3189   100000 SH       SOLE                   100000
COCA-COLA CO                   COM              191216100     3023    63000 SH       SOLE                    63000
CORNING, INC.                  COM              219350105     4818   300000 SH       SOLE                   300000
DELL INC.                      COM              24702R101     3364   245000 SH       SOLE                   245000
E-BAY                          COM              278642103     3131   182800 SH       SOLE                   182800
ELECTRONIC ARTS                COM              285512109     4796   220800 SH       SOLE                   220800
GOOGLE INC - CL A              COM              38259P508     6997    16596 SH       SOLE                    16596
INTEL CORP                     COM              458140100     6355   383960 SH       SOLE                   383960
INTUTIVE SURGICAL, INC.        COM              46120E602     6546    40000 SH       SOLE                    40000
JOHNSON & JOHNSON              COM              478160104    16296   286900 SH       SOLE                   286900
KLA TENCOR CORP                COM              482480100     1515    60000 SH       SOLE                    60000
MICROSOFT CORP                 COM              594918104    21393   900000 SH       SOLE                   900000
MONSANTO CO                    COM              61166W101     8281   111400 SH       SOLE                   111400
MONSTER WORLDWIDE INC.         COM              611742107     3130   265000 SH       SOLE                   265000
POTASH CORP OF SASKATCHEWAN    COM              73755L107     1366    14680 SH       SOLE                    14680
PROCTOR&GAMBLE CO.             COM              742718109    18330   358700 SH       SOLE                   358700
RESEARCH IN MOTION             COM              760975102     1422    20000 SH       SOLE                    20000
STARBUCKS CORPORATION          COM              855244109     5756   414400 SH       SOLE                   414400
TEVA PHARMACEUTICAL-SP ADR     COM              881624209    11541   233900 SH       SOLE                   233900
TOLL BROTHERS, INC             COM              889478103     6191   364800 SH       SOLE                   364800
VERIZON COMMUNICATION INC.     COM              92343V104    10417   339000 SH       SOLE                   339000
CHINA LIFE INSURANCE (2628.hk) COM              6718976       7090  1928000 SH       SOLE                  1928000
CHINA MOBILE LTD (941.hk)      COM              6073556       7560   755000 SH       SOLE                   755000
CHINA SHIPPING DEV (1138.hk)   COM              6782045       2581  2000000 SH       SOLE                  2000000
CHINA TELECOM (728.hk)         COM              6559335       2681  5382000 SH       SOLE                  5382000
CHINA UNICOM (762.hk)          COM              6263830       2335  1764000 SH       SOLE                  1764000
PETROCHINA CO LTD (857.hk)     COM              6226576       7956  7170000 SH       SOLE                  7170000
HANG SENG H SHARE(2828.hk)     ETF              6724092        639    45000 SH       SOLE                    45000
ISHARE FTSE/A50 CHINA TRACKER( ETF              B04V406       6955  3889000 SH       SOLE                  3889000
CONSUMER STAPLES SPDR          ETF              81369Y308    44313  1927500 SH       SOLE                  1927500
IPATH MSCI INDIA INDEX         ETF              06739F291     4896   100000 SH       SOLE                   100000
ISHARE MSCI BRAZIL INDEX FUND  ETF              464286400    12096   228352 SH       SOLE                   228352
SELECT SECTOR SPDR-CONSUMER DI ETF              81369Y407    41313  1790000 SH       SOLE                  1790000
SELECT SECTOR SPDR-ENERGY      ETF              81369Y506    60062  1250000 SH       SOLE                  1250000
SELECT SECTOR SPDR-FINANCIAL   ETF              81369Y605    80971  6775800 SH       SOLE                  6775800
SELECT SECTOR SPDR-HEALTH CARE ETF              81369Y209    36650  1393000 SH       SOLE                  1393000
SELECT SECTOR SPDR-INDUSTRIAL  ETF              81369Y704    55778  2540000 SH       SOLE                  2540000
SELECT SECTOR SPDR-TECHNOLOGY  ETF              81369Y803    34144  1875000 SH       SOLE                  1875000
SELECT SECTOR SPDR-UTILITIES   ETF              81369Y886    27053   970000 SH       SOLE                   970000
SPDR-S&P 500 INDEX             ETF              78462F103    35677   388000 SH       SOLE                   388000
XINHAU/CHINA 25 INDEX          ETF              464287184    40288  1050000 SH       SOLE                  1050000