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Lockheed Martin [LMT] is investing significant resources into modular open-architecture systems so that it can integrate new technologies into the platforms it already builds for the U.S. military.In a world where weapons and other military systems are increasingly software-defined and in which commercial technology is advancing at exponential rates, taking a modular, open-systems engineering approach is critical for defense contractors to remain relevant, according to Lockheed Martin CEO Marillyn Hewson.“It’s a way of framing the challenge that we have as…
