Notably, Lockheed Martin was left out of the ABMS Digital Infrastructure Consortium, despite ramping up its efforts to underpin the DOD’s JADC2 vision.
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U.S. interest in hypersonic missiles has surged over the last few years, with the DOD’s budget for hypersonic research growing 18.8% year-to-year in FY22.
JADC2 is an evolving Department of Defense vision to revamp the C4ISR programs currently in use across all U.S. military branches.
On Feb. 13 Lockheed Martin (NYSE: LMT) pivoted and severely altered its FY22 outlook by withdrawing from its $4.4 billion plan to acquire missile and rocket propulsion expert Aerojet Rocketdyne (AR) (NYSE: AJRD) after months of mounting antitrust pressure and the recent unanimous U.S. Federal Trade Commission (FTC) decision to sue Lockheed Martin to obstruct […]