Lockheed Martin – Robotics Offensive Aims to Process Billion-Dollar Contracts Faster
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New Hadrian partnership and $300 million investment aimed at automating rocket manufacturing. Billion-dollar contracts and a record backlog of $230 billion drive capacity expansion. Vertical Research expects 11% annual growth in the rocket division and upgrades the stock rating. Lockheed Martin (LMT) is advancing the expansion of its rocket production. On October 14, the US defense contractor announced its plans for manufacturing expansion and a deepened Hadrian partnership. The stock gained 3.6% to $522.23, showcasing relative strength....
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