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Lockheed Martin to Invest $50 Million in Maritime Drone Maker Saildrone
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Lockheed Martin to Invest $50 Million in Maritime Drone Maker Saildrone
Oct 29, 2025 7:41 AM

10:27 AM EDT, 10/29/2025 (MT Newswires) -- Lockheed Martin ( LMT ) said Wednesday it will invest $50 million in Saildrone, a maker of maritime drones, to deliver unmanned surface vehicles powered by lethal defense technology for the US Navy.

Live on-water fire demonstrations of the vehicles are expected in 2026, Lockheed Martin ( LMT ) said.

Larger Saildrone vehicles are in development to include the Lockheed Martin Mk70 VLS launcher and thin line towed arrays, Lockheed Martin ( LMT ) said.

Price: 484.86, Change: -0.91, Percent Change: -0.19

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