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Business/Financial

Lockheed Martin Invests In Australian Venture Fund

By Cal Biesecker

Wednesday, September 12th, 2018

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Lockheed Martin Invests In Australian Venture Fund

Lockheed Martin [LMT] on Wednesday said its venture capital arm has invested in an Australian capital firm that invests in high-technology companies.Lockheed Martin Ventures was part of a $132 million financing round in Main Sequence Ventures, which so far has made 12 venture capital investments in nine companies throughout Australia.For Lockheed Martin Ventures, this is its first international fund investment. The company didn't disclose the amount of its investment, but a spokesman said "we are framing this as a significant…

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