Lockheed Martin (LMT) announced it is increasing the capacity of its venture capital fund, Lockheed Martin Ventures, from $400M to $1B, an increase of 250% and the largest boost in investment since the fund was established in 2007. Lockheed Martin will use the increase over future periods to mature critical technologies for national security, helping accelerate the most promising technologies from R&D to availability in the Defense Industrial Base.
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