Lockheed Martin Is Granted Permission by the UK to Launch Satellite in Shetland

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%