Lockheed Martin: From battlefield to outer space—is defense giant ready for liftoff?

Lockheed Martin has long been a dominant force in global defense, developing advanced military aircraft, missile systems, and surveillance technologies. Now, with the space industry shifting toward commercialization, the company is expanding its presence beyond defense to become a key player in commercial spaceflight, satellite deployment, and deep-space exploration. But as SpaceX and Blue Origin redefine cost efficiency and innovation in space, can Lockheed Martin successfully transition from a government-reliant defense contractor to a commercially viable space pioneer?