What Happened
Defense Giant Expands Venture Capital Reach Across Atlantic
Lockheed Martin Corporation is expanding its venture capital fund, Lockheed Martin Ventures, to support the development of promising defense technologies in the U.K. and Europe. With a new London office, the company aims to invest at least $100 million in the region, leveraging its $1 billion startup investment arm. This move is part of Lockheed Martin’s commitment to strengthening the transatlantic defense industrial base and advancing solutions to meet current and future customer mission needs, as reported by Sikorsky.