
Lockheed Martin [LMT] is pursuing the creation of a provider of solid rocket motors beyond the two main suppliers--Northrop Grumman [NOC] through its 2018 buy of Orbital ATK and L3Harris [LHX] through its recent acquisition of Aerojet Rocketdyne. "We are endeavoring as a defense company to create another supplier," James Taiclet, the president of Lockheed Martin, testified at a Sept. 20 hearing of the House Armed Services Committee's cyber, information technologies, and innovation (CITI) panel in response to a question from…