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-0.000681663258350401 -2.27221086116585E-05 -0.000227221086116843 -0.000268120881617803 0.000653260622585828 0.000352192683480965 -0.000454442172233557 -0.000374914792092753
Stock impact report

Lockheed Martin opens new hypersonic weapons facility [Yahoo! Finance Canada]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Hypersonic weapons, which can travel at more than five times the speed of sound and evade traditional defenses, are ?at the ?centre of an arms race between the United States and China. Lockheed's ?17,000-square-foot facility will include advanced test equipment, simulation tools and an integration environment. It is ?part of a larger capital program ?that now totals roughly $529 million and includes 719,000 square feet of facilities under construction or planned, the company said. "Hypersonic weapons are reshaping the future of military ?defense by delivering unmatched ?speed and maneuverability ?that outpace traditional threats," said Holly Molmer, program management director for Lockheed ?Martin In October, ?defense start-up Castelion said it won contracts to integrate its Blackbeard ?hypersonic strike weapon with current U.S. Army systems. (Reporting ?by Aishwarya Jain in Bengaluru; Editing ?by Shailesh Kuber) Show less Read more
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