logo
[breadcrumb_custom]

Tag: LMT Stock

Market Activity

Lockheed (LMT) In Efforts Of Leaving The SpaceX Behind

A Lockheed Martin Corporation (LMT) quarterly report showed that the space segment of the business is increasing at the slowest rate, and its profitability is dropping altogether. Competition with SpaceX is the main reason, but the management of Lockheed claims that the space technology segment will expand the fastest. The price competition with SpaceX in the field of payload production is unlikely, and SpaceX will hold a dominant role in the industry for decades with the arrival of the Starship vehicle. Lockheed aims to circumvent SpaceX in another direction which is the space technology security section. In particular, Lockheed anticipates