Author Bio
I like things that go boom. Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered and continue to cover everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.
Weighing in at an $87 billion market capitalization, and with $9 billion in annual profit,
General Motors (NYSE:GM) is a 10 P/E stock. GM is also an industrial giant, and its chances of becoming popular enough to send its stock price to the moon like a meme stock aren t great.
Lockheed Martin, GM to develop GenNext rover for Nasa mission
DENVER (US), 3 hours, 57 minutes ago Global security and aerospace company Lockheed Martin is teaming up with General Motors to develop the next generation of lunar vehicles to transport astronauts on the surface of the Moon, fundamentally evolving and expanding humanity s deep-space exploration footprint. Nasa s Artemis programme is sending humans back to the Moon where they will explore and conduct scientific experiments using a variety of rovers. Nasa sought industry approaches to develop a Lunar Terrain Vehicle (LTV) that will enable astronauts to explore the lunar surface farther than ever before. The LTV is the first of many types of surface mobility vehicles needed for Nasa s Artemis programme.
To support NASA''s mission, the two industry leaders will develop a unique vehicle with innovative capabilities, performance and technology. Click here to know more.
Lockheed Martin and General Motors are working together to develop lunar rovers that could be used to help astronauts explore the surface of the Moon. The companies said the collaboration, announced May 26, will support NASA’s Artemis program which is working to send humans back to the Moon. NASA has previously
NASA earlier this year awarded SpaceX and Blue Origin lucrative contracts to help it build lunar landing equipment for the Artemis program. Now, the space agency is.