Lockheed Martin said today in its most recent quarter it recognized $51 million in unrealized, after-tax gains from investments in its Lockheed Martin Ventures fund. In a call with analysts this morning, Ken Possenriede, Lockheed's chief financial officer, said there were "some investments that actually went public that allowed us to make a gain." Later, he added, the company will "make a determination whether it makes sense for Lockheed Martin to get out of those ventures" and continue to use the technology. Lockheed Martin Ventures is the company's venture capital arm, which was reinvigorated in 2016. Jim Taiclet, the company's chief executive, told analysts during the same call that the unit is supporting Lockheed's technology roadmaps.
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