Lockheed Martin Ventures is a $400M evergreen strategic fund that invests in dual-use technologies specifically to integrate them into Lockheed's defense and space platforms, positioning itself as an on-ramp into the defense market for startups that haven't traditionally worked with the Department of Defense. The fund provides portfolio companies with structured access to Lockheed's business units and engineering teams to rapidly secure pilots and programs of record, often investing where Lockheed serves simultaneously as strategic partner, testbed, and end-customer for mission-specific hardware.