Lockheed Martin Expands Venture Capital Fund to $1 Billion Boosting National Security Innovations
Lockheed Martin Ventures Fund Expansion
Lockheed Martin has made headlines recently by announcing a substantial increase in its venture capital fund, Lockheed Martin Ventures, boosting its capacity from $400 million to an impressive $1 billion. This marks a remarkable 250% increase and the largest investment surge since the fund's inception in 2007. The move aims to strengthen the Defense Industrial Base and develop critical technologies essential for future national security.
Strategic Vision
In a statement, Evan Scott, CFO of Lockheed Martin, emphasized the importance of venture capital investments in their broader strategy for national security.
Topics Business Technology）
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