Sign In
Search
Business/Financial

Lockheed Martin Closes Terran Orbital Acquisition

Rachel Jewett By
SHARE:
Lockheed Martin Closes Terran Orbital Acquisition
Lockheed Martin’s lineup of satellite buses and a Space Development Agency transport layer spacecraft. Photo: Lockheed Martin

Lockheed Martin [LMT] on Wednesday completed its acquisition of smallsat manufacturer Terran Orbital, acquiring the former SPAC as its largest customer. Terran Orbital and subsidiary Tyvak International are now part of Lockheed Martin’s Space business area and recognized as Terran Orbital, a Lockheed Martin company. Lockheed Martin said in an Oct. 30 release it will remain a merchant supplier to the space industry for satellite design, production, launch planning, mission operations, and in-orbit support. Peter Krauss, who had been serving as COO since…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at [email protected] or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Airbus CEO Addresses Potential Space Consolidation

Business/Financial

Terran Orbital Grows Revenue 44% in 2023, Regains Listing Compliance

Business/Financial

Maxar Intelligence Names Former Google, Apple Exec Arvind Srinivasan as New CTO

Space

CACI Demonstrates Optical Intersatellite Links for DARPA, SDA

Trending

Red Cat Expects LRIP Order Soon For Army’s SRR Small Drone, ‘Aggressive’ Ramp Up In FY ‘26
Golden Dome Head Outlines Near Term Goals, Space-Based Interceptors, And Undecided Architecture
Armada Announces $131 Million Funding Raise To Scale Relocatable Data Center
DoD Acquisition Chief Supports HASC’s Reform Proposal, Lawmakers Urge More Communication
Lockheed Martin Outlines $1.6 Billion In Charges, Including Skunk Works Program

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume