Lockheed Martin Supports Small Space Stock

Reported 8 months ago

Lockheed Martin, a major defense company valued at $110 billion, is deeply involved in the space industry, including building the Orion spacecraft for NASA's Project Artemis and having investments in small space companies like Rocket Lab USA. Recently, Lockheed signed a contract with Firefly Aerospace to launch Alpha rockets carrying payloads for them, potentially leading to more launches per year for Firefly. This collaboration not only benefits Lockheed but also provides meaningful revenue and support for Firefly as it continues to grow its projects and operations.

Source: YAHOO

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