Lockheed Martin Explores Deep-Sea Mining Partnerships

In a groundbreaking move, Lockheed Martin, the United States arms industry giant, is in preliminary discussions with mining companies to leverage its deep-sea assets in the Pacific. COO Frank St John revealed this strategic exploration in a recent interview with the Financial Times.

Early Stages of Collaboration

"We are in the early stages of conversations with several companies about granting them access to our licenses and enabling them to process these materials," St John mentioned. While financial specifics remain under wraps, he assured that the involved parties have identified significant value in these assets, though discussions are still nascent.

Political Backdrop

This initiative follows President Donald Trump's executive order in April, which affirmed the United States' authority to issue mining licenses in international waters—a decision that initially sparked considerable controversy.