GM
LMT
A very different garage sale
General Motors isn’t just trying to sell more trucks and EVs. According to the Wall Street Journal, the automaker is in discussions with Lockheed Martin about supplying components for the defense giant’s weapons systems.
That’s not a done deal yet — more like a business-speed dating session than a signed contract — but it hints at a possible new revenue stream for GM’s industrial muscle.
Why investors should care
If GM can turn some of its manufacturing scale into defense work, it could:
- diversify revenue beyond the boom-and-bust car cycle
- help keep factories busier when auto demand gets wobbly
- give investors another reason to treat GM less like a pure-play car company and more like a giant engineering shop
Big picture
It’s a little surreal, sure: one minute you’re thinking about pickups and battery packs, the next you’re imagining GM parts sitting inside military hardware. But in a market that loves multiple expansion almost as much as it loves margin expansion, any credible new business line is worth a look.