Lockheed invests in Rocket Lab's U.S. unit to keep pace with innovation
Monday, March 2, 2015 - 13:50
in Mathematics & Economics
WASHINGTON (Reuters) - Lockheed Martin Corp said on Monday it had made a strategic investment in the U.S. unit of New Zealand's Rocket Lab, which is building a carbon-composite rocket, the Electron, to launch small satellites into orbit for less than $5 million.