United States
Securities and Exchange Commission
Washington, DC  20549

Form 13 F

Report for the Calendar Year or Quarter Ended:			December 31, 2012

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:		Christopher K. Li
Title:		President and Chief Investment Officier
Phone:		301-571-7123

Signature, Place, and Date of Signing:

Christopher K. Li,	Bethesda, MD	January 23, 2013




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


							   FORM 13F
						     December 31, 2012



                                                                  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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
                                                                                           
ALEXION PHARMACEUTICALS, INC.  COM              015351109     1031    11000 SH       SOLE                    11000
ALLERGAN INC.                  COM              018490102     5871    64000 SH       SOLE                    64000
APPLE INC                      COM              037833100     8674    16300 SH       SOLE                    16300
AT&T INC                       COM              00206R102     6135   182000 SH       SOLE                   182000
CHEVRON                        COM              166764100     3893    36000 SH       SOLE                    36000
EXXON                          COM              30231G102    13242   153000 SH       SOLE                   153000
FRONTLINE LTD.                 COM              G3682E127       61    18736 SH       SOLE                    18736
GENERAL ELECTRIC CO.           COM              369604103    11356   541000 SH       SOLE                   541000
GOOGLE INC - CL A              COM              38259P508      990     1400 SH       SOLE                     1400
INTEL CORP                     COM              458140100     1237    60000 SH       SOLE                    60000
INTERNATIONAL BUSINESS MACHINE COM              459200101     4023    21000 SH       SOLE                    21000
JP MORGAN                      COM              46625H100     7914   180000 SH       SOLE                   180000
LONGTOP FINANCIAL ADR          COM              543189108        3    94200 SH       SOLE                    94200
MICROSOFT CORP                 COM              594918104     2190    82000 SH       SOLE                    82000
MOLYCORP, INC.                 COM              608753109      378    40000 SH       SOLE                    40000
OPENTABLE INC.                 COM              68372A104     2050    42000 SH       SOLE                    42000
ORACLE CORP                    COM              68389X105     2432    73000 SH       SOLE                    73000
ORCHARD SUPPPLY HARDWARE       COM              685691404      187    25189 SH       SOLE                    25189
PVTPL GDR LEVANESE CO FOR DEV  COM              522386101      549    42264 SH       SOLE                    42264
VERIZON COMMUNICATION INC.     COM              92343V104     3721    86000 SH       SOLE                    86000
CONSUMER STAPLES SPDR          ETF              81369Y308    98823  2831600 SH       SOLE                  2831600
DB COMMODITY INDEX FUND        ETF              73935S105    32355  1164701 SH       SOLE                  1164701
NASDAQ 100 MFC POWERSHARES     ETF              73935A104    19187   294600 SH       SOLE                   294600
SELECT SECTOR SPDR-CONSUMER DI ETF              81369Y407   100049  2109000 SH       SOLE                  2109000
SELECT SECTOR SPDR-ENERGY      ETF              81369Y506    73391  1027600 SH       SOLE                  1027600
SELECT SECTOR SPDR-FINANCIAL   ETF              81369Y605   167899 10244000 SH       SOLE                 10244000
SELECT SECTOR SPDR-HEALTH CARE ETF              81369Y209    99406  2492600 SH       SOLE                  2492600
SELECT SECTOR SPDR-INDUSTRIAL  ETF              81369Y704    80356  2120200 SH       SOLE                  2120200
SELECT SECTOR SPDR-MATERIALS   ETF              81369Y100    29154   776600 SH       SOLE                   776600
SELECT SECTOR SPDR-TECHNOLOGY  ETF              81369Y803   143881  4987200 SH       SOLE                  4987200
SELECT SECTOR SPDR-UTILITIES   ETF              81369Y886    27273   781000 SH       SOLE                   781000
SPDR-S&P 500 INDEX             ETF              78462F103    83167   584000 SH       SOLE                   584000
VANGUARD EAFE ETF              ETF              921943858    61862  1755950 SH       SOLE                  1755950
VANGUARD EMERGING MARKET       ETF              922042858    48001  1077950 SH       SOLE                  1077950