United States
Securities and Exchange Commission
Washington, DC  20549

Form 13 F

Report for the Calendar Year or Quarter Ended:			June 30, 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	July 23, 2012




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


							   FORM 13F
						        June 30, 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     2979    30000 SH       SOLE                    30000
ALLERGAN INC.                  COM              018490102     2930    31657 SH       SOLE                    31657
AMERISOURCE BERGEN CORP        COM              03073E105     1713    43545 SH       SOLE                    43545
APPLE INC                      COM              037833100     9811    16800 SH       SOLE                    16800
AT&T INC                       COM              00206R102     8237   231000 SH       SOLE                   231000
BALTIC TRADING                 COM              Y0553W103      124    36131 SH       SOLE                    36131
BIOMARIN PHARMAC.              COM              09061G101     1156    29200 SH       SOLE                    29200
BRISTOL MYERS SQUIBB           COM              110122108     2696    75000 SH       SOLE                    75000
BROADCOM CORP - CL A           COM              111320107     1350    40000 SH       SOLE                    40000
CATERPILLAR INC                COM              149123101      425     5000 SH       SOLE                     5000
CHEVRON                        COM              166764100    13926   132000 SH       SOLE                   132000
CITRIX SYSTEM                  COM              177376100     2938    35000 SH       SOLE                    35000
DEVON ENERGY CORP              COM              25179M103      580    10000 SH       SOLE                    10000
EOG RESOURCES, INC.            COM              26875P101      451     5000 SH       SOLE                     5000
EXPRESS SCRIPTS, INC           COM              302182100     1675    30000 SH       SOLE                    30000
EXXON                          COM              30231G102    26356   308000 SH       SOLE                   308000
GENERAL ELECTRIC CO.           COM              369604103    13463   646000 SH       SOLE                   646000
GOOGLE INC - CL A              COM              38259P508      812     1400 SH       SOLE                     1400
HOLOGIC, INC.                  COM              436440101     2214   122723 SH       SOLE                   122723
INTEL CORP                     COM              458140100     1599    60000 SH       SOLE                    60000
INTERNATIONAL BUSINESS MACHINE COM              459200101     8801    45000 SH       SOLE                    45000
INTUTIVE SURGICAL, INC.        COM              46120E602      831     1500 SH       SOLE                     1500
JOHNSON & JOHNSON              COM              478160104     2365    35000 SH       SOLE                    35000
MAKO SURGICAL CORP             COM              560879108      986    38500 SH       SOLE                    38500
MICROSOFT CORP                 COM              594918104     8015   262000 SH       SOLE                   262000
OPENTABLE INC.                 COM              68372A104     9452   210000 SH       SOLE                   210000
ORACLE CORP                    COM              68389X105     2168    73000 SH       SOLE                    73000
PFIZER                         COM              717081103     3450   150000 SH       SOLE                   150000
UNITEDHEALTH GROUP             COM              91324P102      775    13245 SH       SOLE                    13245
VERIZON COMMUNICATION INC.     COM              92343V104     5644   127000 SH       SOLE                   127000
CONSUMER STAPLES SPDR          ETF              81369Y308    98455  2831600 SH       SOLE                  2831600
DB COMMODITY INDEX FUND        ETF              73935S105    34070  1323123 SH       SOLE                  1323123
NASDAQ 100 MFC POWERSHARES     ETF              73935A104    18902   294600 SH       SOLE                   294600
SELECT SECTOR SPDR-CONSUMER DI ETF              81369Y407    92332  2109000 SH       SOLE                  2109000
SELECT SECTOR SPDR-ENERGY      ETF              81369Y506    43711   658600 SH       SOLE                   658600
SELECT SECTOR SPDR-FINANCIAL   ETF              81369Y605   120944  8264000 SH       SOLE                  8264000
SELECT SECTOR SPDR-HEALTH CARE ETF              81369Y209    92413  2431600 SH       SOLE                  2431600
SELECT SECTOR SPDR-INDUSTRIAL  ETF              81369Y704    69635  1952200 SH       SOLE                  1952200
SELECT SECTOR SPDR-MATERIALS   ETF              81369Y100    25042   709600 SH       SOLE                   709600
SELECT SECTOR SPDR-TECHNOLOGY  ETF              81369Y803   127171  4427200 SH       SOLE                  4427200
SELECT SECTOR SPDR-UTILITIES   ETF              81369Y886    28889   781000 SH       SOLE                   781000
VANGUARD EAFE ETF              ETF              921943858    61082  1934800 SH       SOLE                  1934800
VANGUARD EMERGING MARKET       ETF              922042858    17573   440100 SH       SOLE                   440100