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Lockheed Martin expands venture fund to $1B to back defense tech.
Lockheed Martin is expanding its venture fund to $1 billion from $400 million.
KEY POINTS
- This is the largest increase in Lockheed Martin Ventures' history since its founding.
- The expanded fund will specifically target investments in defense technology startups.
- Lockheed Martin announced this strategic move on Tuesday, signaling heightened defense tech priorities.
COMPANIES
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