COMPANIES

Lockheed Martin launches dedicated Energy business

Lockheed Martin has combined its energy products and technologies into a single commercial line of business called Lockheed Martin Energy.

The new business will be headed up by Frank Armijo.

The new group offers a line of energy solutions including energy management, energy storage, nuclear systems, ocean technologies and bioenergy.

The business will also offer cybersecurity architectures throughout its energy offerings, the company said in a release.

While the company began the formal integration back in the summer of 2015, it had been interested in the energy market for years, even going as far as to make acquisitions to position itself within it.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

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