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%