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0 0.0012301272169539 0.0012301272169539 0.00132355460052011 0.00221111474439819 0.00367481042026753 0.00224225720558687 0.00291182012114418
Stock impact report

Inside the US$60-billion defence startup challenging Lockheed Martin [BNN Bloomberg (Canada)]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: BNN Bloomberg
Anduril Industries, a startup founded less than a decade ago, has reportedly reached a valuation exceeding US$60 billion in private markets. That figure places it in rare company and squarely in competition, at least in market value terms, with some of America's largest and longest-standing defence contractors. To understand the opportunity, it helps to start with the companies Anduril is challenging. The legacy giants For decades, U.S. military power has been closely tied to a small group of industrial titans. Companies like Lockheed Martin, RTX, Northrop Grumman, Boeing and General Dynamics have dominated the defence landscape. Among them, Lockheed Martin stands out. It is the prime contractor behind the F-35 Lightning II program, one of the most expensive weapons systems in history, with a lifetime program cost estimated in the trillions of dollars. The company generates roughly US$75 billion in annual revenue, much of it from the U.S. government. These firms were built Show less Read more
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