United States
Securities and Exchange Commission
Washington, DC  20549

Form 13 F

Report for the Calendar Year or Quarter Ended:			March 31, 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	April 29, 2009




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


							   FORM 13F
						        March 31, 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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
                                                                                           
ALTRIA GROUP INC.              COM              02209S103     2002   125000 SH       SOLE                   125000
AMAZON.COM INC.                COM              023135106     1102    15000 SH       SOLE                    15000
AMERICA MOVIL - ADR SERIES L   COM              02364W105      812    30000 SH       SOLE                    30000
APPLE INC                      COM              037833100     8935    85000 SH       SOLE                    85000
AT&T INC                       COM              00206R102     7308   290000 SH       SOLE                   290000
BAXTER INTERNATIONAL           COM              071813109     4200    82000 SH       SOLE                    82000
BHP BILLITON LTD - SPON ADR    COM              088606108     3300    74000 SH       SOLE                    74000
CHINA LIFE INSURANCE CO-ADR    COM              16939P106      591    12000 SH       SOLE                    12000
CIA VALE DO RIO DOCE - ADR     COM              204412209     4455   335000 SH       SOLE                   335000
CISCO SYSTEMS INC              COM              17275R102    12443   742000 SH       SOLE                   742000
DEERE & CO                     COM              244199105      690    21000 SH       SOLE                    21000
FLUOR CORP                     COM              343412102     3179    92000 SH       SOLE                    92000
FREEPORT-MCMORAN COPPER        COM              35671D857     4383   115000 SH       SOLE                   115000
GENERAL CABLE CORP             COM              369300108      733    37000 SH       SOLE                    37000
GOOGLE INC - CL A              COM              38259P508     7936    22800 SH       SOLE                    22800
INTEL CORP                     COM              458140100     7560   503000 SH       SOLE                   503000
INTERNATIONAL BUSINESS MACHINE COM              459200101     2907    30000 SH       SOLE                    30000
JACOBS ENGINEERING GROUP INC   COM              469814107     3247    84000 SH       SOLE                    84000
JOHNSON & JOHNSON              COM              478160104     5207    99000 SH       SOLE                    99000
JOY GLOBAL INC                 COM              481165108      703    33000 SH       SOLE                    33000
KLA TENCOR CORP                COM              482480100     1780    89000 SH       SOLE                    89000
MICROSOFT CORP                 COM              594918104     6981   380000 SH       SOLE                   380000
MONSANTO CO                    COM              61166W101     3739    45000 SH       SOLE                    45000
McDONALD'S CORP                COM              580135101     2947    54000 SH       SOLE                    54000
ORACLE CORP                    COM              68389X105     9487   525000 SH       SOLE                   525000
PEABODY ENERGY CORP            COM              704549104     6736   269000 SH       SOLE                   269000
POTASH CORP OF SASKATCHEWAN    COM              73755L107     3960    49000 SH       SOLE                    49000
PROCTOR&GAMBLE CO.             COM              742718109     5039   107000 SH       SOLE                   107000
RESEARCH IN MOTION             COM              760975102     2543    59000 SH       SOLE                    59000
RIO TINTO PLC - SPON ADR       COM              767204100     4424    33000 SH       SOLE                    33000
SCHLUMBERGER LTD               COM              806857108     6377   157000 SH       SOLE                   157000
STARBUCKS CORPORATION          COM              855244109    10221   920000 SH       SOLE                   920000
SUNCOR ENERGY INC              COM              867229106     3443   155000 SH       SOLE                   155000
TEVA PHARMACEUTICAL-SP ADR     COM              881624209     2207    49000 SH       SOLE                    49000
TOLL BROTHERS, INC             COM              889478103     2542   140000 SH       SOLE                   140000
TRANSOCEAN INC                 COM              H8817H100     7943   135000 SH       SOLE                   135000
VERIZON COMMUNICATION INC.     COM              92343V104     5043   167000 SH       SOLE                   167000
VMWARE INC-CLASS A             COM              928563402     3449   146000 SH       SOLE                   146000
WEATHERFORD INTL LTD           COM              H27013103     7738   699000 SH       SOLE                   699000
CHINA LIFE INSURANCE (2628.hk) COM              6718976       5041  1520000 SH       SOLE                  1520000
CHINA MOBILE LTD (941.hk)      COM              6073556       9319  1070000 SH       SOLE                  1070000
PETROCHINA CO LTD (857.hk)     COM              6226576       4958  6218000 SH       SOLE                  6218000
ISHARE FTSE/A50 CHINA TRACKER( ETF              B04V406       3162  2311700 SH       SOLE                  2311700
CONSUMER STAPLES SPDR          ETF              81369Y308    34920  1655000 SH       SOLE                  1655000
ISHARE MSCI BRAZIL INDEX FUND  ETF              464286400    22620   600000 SH       SOLE                   600000
OIL SERVICES HOLDRs            ETF              678002106    22634   305000 SH       SOLE                   305000
SELECT SECTOR SPDR-CONSUMER DI ETF              81369Y407    15681   798000 SH       SOLE                   798000
SELECT SECTOR SPDR-ENERGY      ETF              81369Y506    17409   410000 SH       SOLE                   410000
SELECT SECTOR SPDR-FINANCIAL   ETF              81369Y605    52111  5915000 SH       SOLE                  5915000
SELECT SECTOR SPDR-HEALTH CARE ETF              81369Y209    32199  1330000 SH       SOLE                  1330000
SELECT SECTOR SPDR-INDUSTRIAL  ETF              81369Y704    25397  1378000 SH       SOLE                  1378000
SELECT SECTOR SPDR-UTILITIES   ETF              81369Y886     4599   180000 SH       SOLE                   180000
SPDR-S&P 500 INDEX             ETF              78462F103    99300  1250000 SH       SOLE                  1250000
XINHAU/CHINA 25 INDEX          ETF              464287184    31383  1100000 SH       SOLE                  1100000