Lockheed Martin announced an expansion of its venture capital effort via Lockheed Martin Ventures, earmarking $100 million to fund promising defense technology development in Britain. The update is constructive for the defense technology pipeline but is unlikely to be a near-term earnings catalyst for LMT shares.
Lockheed Martin announced an expansion of its venture capital effort via Lockheed Martin Ventures, earmarking $100 million to fund promising defense technology development in Britain. The update is constructive for the defense technology pipeline but is unlikely to be a near-term earnings catalyst for LMT shares.
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mildly positive
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0.25
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