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Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite
Lockheed Martin has secured a significant role in President Trump’s $3.2 billion Golden Dome initiative for space-based missile interceptors, even as the company faces concerns about recent financial performance. Despite a soft first quarter with negative free cash flow, this new engagement highlights the company’s push into missile-defense and space projects. However, the Golden Dome project itself faces funding uncertainties and technical hurdles, which could impact its scalability and Lockheed’s potential growth from it.