Lockheed Martin eyes fast growth in hypersonics 27 January 2021 by Marc Selinger Lockheed Martin’s revenue from the rapidly growing area of hypersonic weapons could double to USD3 billion a year by the middle of the decade, according to a company official. Lockheed Martin is based in Bethesda, Maryland. (Credit: Lockheed Martin) Lockheed Martin expects to have hypersonics sales of USD1.5 billion in 2021, up 25% from USD1.2 billion in 2020, said Kenneth Possenriede, the US defence contractor’s chief financial officer. Several Lockheed Martin programmes are poised to achieve key development milestones or ramp up production over the next few years, fuelling revenue increases. Although one programme, the Hypersonic Conventional Strike Weapon (HCSW), was cancelled by the US Air Force last year, the funding has shifted to other Lockheed Martin efforts, said Possenriede.