United States Securities and Exchange Commission Washington, DC 20549 Form 13 F Report for the Calendar Year or Quarter Ended: December 31, 2008 Report type: 13F Holdings Report Institutional Investment Manager Filing this Report: Name: Lockheed Martin Investment Management Company 6550 Rock Spring Drive, Suite 400 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 February 3, 2009 I am signing this report as required by the Securities Exchange Act of 1934. FORM 13F December 31, 2008 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ACCENTURE LTD COM G1150G111 2492 76000 SH SOLE 76000 AMAZON.COM INC. COM 023135106 769 15000 SH SOLE 15000 APPLE INC COM 037833100 853 10000 SH SOLE 10000 AT&T INC COM 00206R102 8265 290000 SH SOLE 290000 CHINA LIFE INSURANCE CO-ADR COM 16939P106 557 12000 SH SOLE 12000 CISCO SYSTEMS INC COM 17275R102 2771 170000 SH SOLE 170000 GOOGLE INC - CL A COM 38259P508 2769 9000 SH SOLE 9000 INTEL CORP COM 458140100 4984 340000 SH SOLE 340000 JOHNSON & JOHNSON COM 478160104 359 6000 SH SOLE 6000 MICROSOFT CORP COM 594918104 9234 475000 SH SOLE 475000 ORACLE CORP COM 68389X105 7978 450000 SH SOLE 450000 TOLL BROTHERS, INC COM 889478103 1714 80000 SH SOLE 80000 VERIZON COMMUNICATION INC. COM 92343V104 5661 167000 SH SOLE 167000 CHINA LIFE INSURANCE (2628.hk) COM 6718976 2872 945000 SH SOLE 945000 CHINA MOBILE LTD (941.hk) COM 6073556 2831 282000 SH SOLE 282000 HK AIRCRAFT ENGINEERING CO LTD COM 6435264 776 94400 SH SOLE 94400 PETROCHINA CO LTD (857.hk) COM 6226576 1630 1860000 SH SOLE 1860000 ISHARE FTSE/A50 CHINA TRACKER( ETF B04V406 2455 2311700 SH SOLE 2311700 CONSUMER STAPLES SPDR ETF 81369Y308 49530 2075000 SH SOLE 2075000 ISHARES DJ US CNSMER SERVICE ETF 464287580 12992 306700 SH SOLE 306700 SELECT SECTOR SPDR-CONSUMER DI ETF 81369Y407 17213 798000 SH SOLE 798000 SELECT SECTOR SPDR-ENERGY ETF 81369Y506 47531 995000 SH SOLE 995000 SELECT SECTOR SPDR-FINANCIAL ETF 81369Y605 45260 3615000 SH SOLE 3615000 SELECT SECTOR SPDR-HEALTH CARE ETF 81369Y209 54958 2070000 SH SOLE 2070000 SELECT SECTOR SPDR-INDUSTRIAL ETF 81369Y704 32273 1378000 SH SOLE 1378000 SELECT SECTOR SPDR-TECHONOLOGY ETF 81369Y803 13407 870000 SH SOLE 870000 SELECT SECTOR SPDR-UTILITIES ETF 81369Y886 16837 580000 SH SOLE 580000 SPDR-S&P 500 INDEX ETF 78462F103 40879 453000 SH SOLE 453000