| Martha Hudson | |
| Fullname: | Martha B. Hudson Pennyman |
| Birth Place: | Eastman, Georgia, U.S. |
| Headercolor: | lightsteelblue |
| Height: | 152 cm |
| Weight: | 53 kg |
| Sport: | Athletics |
| Event: | Sprint |
| Club: | TSU Tigers, Nashville |
| Pb: | 100 m – 11.7 (1960) |
| Show-Medals: | yes |
Martha B. Hudson (later Pennyman, born March 21, 1939) is a retired American sprinter. She won a gold medal in the 4 × 100 m relay at the 1960 Olympics, but failed to reach the final of the individual 100 m event. In 1959 she held the AAU indoor 100 yd title. In 1986 she was inducted into the Georgia Sports Hall of Fame.