Lockheed Martin Wants to Pivot to 5G
The new CEO of Lockheed Martin (NYSE: LMT) is interested in pushing the company into 5G networking technology, a potential new avenue for growth for the world's largest pure-play defense contractor. During a post-earnings conference call Tuesday, Lockheed Martin CEO James Taiclet mentioned 5G networking technology in response to a question about ways to expand the company's already massive portfolio.