Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense capabilities and supply chains. This move follows a recent increase in the fund's capital from $400 million to $1 billion, aiming to support early-stage innovations and meet growing demand for sovereign defense solutions in Europe. The expansion will also enhance collaboration with allied customers and accelerate technology integration into defense platforms.
Lockheed Martin's CEO Jim Taiclet and CFO Evan Scott will participate in a fireside chat at Morgan Stanley's 14th Annual Laguna Conference on September 17. The event will be webcast live and a replay will be available for two weeks. This session offe...
IBM and Lockheed Martin have established a quantum innovation hub at ETH Zurich, hosting Switzerland's first IBM Quantum System Two at the Swiss National Supercomputing Centre. This initiative aims to boost Switzerland's quantum ecosystem by providin...
President Trump declared the Moon as U.S. property on social media, though this does not change the 1967 Outer Space Treaty. However, the U.S. Fiscal Year 2027 budget boosts the Space Force funding by $39.4 billion to $71.2 billion, driving record co...
UBS analyst Gavin Parsons upgraded Lockheed Martin to a Buy rating with a $674 price target, implying a 28.3% potential gain. The aerospace and defense firm secured a $729 million contract with Sweden for its Himars rocket system, contributing to a r...
