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Advanced / Transformational Technology

Lockheed Martin To Acquire Hypersonics Portfolio Of i3

By Cal Biesecker

Tuesday, October 13th, 2020

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Lockheed Martin To Acquire Hypersonics Portfolio Of i3

i3's expertise in hypersonics includes thermal protection systems. Photo: Integration Innovation, Inc.

Lockheed Martin [LMT] last Friday said it has agreed to acquire the hypersonics portfolio and related employees of Integration Innovation, Inc. (i3), a deal that the company said will strengthen its capabilities in hypersonic technologies to meet warfighter needs. Terms of the deal, which is expected to close within a month, were not disclosed. Hypersonic technologies and programs are one of the Defense Department’s top priority areas for investment. “This business combination not only reinforces our commitment to [the customers’]…

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