Lockheed Martin (NYSE: LMT) Enters Waste Conversion
Lockheed Martin (NYSE: LMT) is teaming up with Concord Blue USA to provide an advanced waste conversion system that will turn industrial waste into fuel. Waste conversion is an emerging technology that addresses fossil fuel depletion and saturated landfills. Lockheed will provide its vast set of resources including engineers, manufacturing, and procurement in order to expand Concord Blue’s patented technology on a global scale. Lockheed has traded down the past four days in the wake of national budget concerns.
Hybrid Car Investing
Despite the many successes of Tesla Motors (NASDAQ: TSLA) this year, Toyota (NYSE: TM) Chairman Takeshi Uchiyamada just doesn’t believe there is a major market to accept it. That’s why Toyota is continuing to spearhead the hybrid market. With an incoming fleet of advanced hybrids offering significantly improved fuel economy, Toyota could be threating the entire electric car industry.