Lockheed Martin, the world’s biggest defense contractor, is aiming to use nuclear fusion to create cheap electrical power that uses water for fuel, produces byproducts that are totally safe and releases no air pollution.
With the United States spending less on defense, Lockheed Martin is showing more interest in the energy business than ever.
“Energy is certainly an area of growth for us,” CEO Marillyn Hewson told reporters at the corporation’s media day outside Washington last month. “In a relative sense, it’s not a large business for us, but it’s a growing business for us. So, we’ll continue to invest in that area.” Continue reading