The UK government has approved Lockheed Martin’s plans to launch satellite operations to Shetland Space Centre, according to Reuters.

  • The UK is solidifying a position as a destination of choice for small satellite launches in Europe.
  • Lockheed plans could create hundreds of jobs.

A week earlier, NASA announced partners to advance ‘Tipping Point’ technologies for the Moon and Mars. LMT is on the list, receiving $79 million.Lockheed Martin Corporation’s stock is strengthening. LMT: NYSE is up on premarket 0.0054%