Lockheed Martin Ventures executive explains why it’s doubled in size — and what that means for small defense contractors

Rising interest rates and ever-looming economic uncertainty may have made venture capital a bit more conservative of late, but the investment arm of defense contracting giant Lockheed Martin Corp. (NYSE: LMT) said it has no plans on slowing down. Indeed, it’s ramped up quite a bit in the last couple of years, said Chris Moran, vice president and general manager of Lockheed Martin Ventures.