Sign In
Search
Business/Financial

Terran Mulls Lockheed Offer; Adopts Poison Pill Defense To Keep Options Open

Cal Biesecker By
SHARE:
Terran Mulls Lockheed Offer; Adopts Poison Pill Defense To Keep Options Open
Terran Orbital nanosatellite. Photo: Terran Orbital

Terran Orbital [LLAP] on Monday said its board is reviewing a non-binding offer from Lockheed Martin [LMT] to acquire the satellite company and adopted a shareholder rights plan that gives the company time to consider additional proposals by preventing any investor or group from gaining control of the company. Lockheed Martin last Friday proposed to acquire Terran—which it already has a stake in—in a bid valued at $606 million, including $223 million in cash that values each outstanding share of…

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

Leidos Completes $1 Billion Acquisition Of L3Harris’ Detection And Automation Businesses

Business/Financial

PAE To Acquire A-T Solutions, Expanding National Security Business

Business/Financial

BAE To Acquire ISR Business From Esterline

Business/Financial

Senate Republican Stimulus Proposal Would Help Aerospace Manufacturers

Trending

DoD Makes Cuts, Plans ‘AI-First’ Transformation For R&D Resource Center
Senate Appropriators Restore $1.4 Billion For Navy’s Sixth-Gen Fighter Program In FY ‘26 Spending Bill
Senate Appropriators Approve FY ‘26 Defense Bill With $21.7 Billion Increase, Address DoD’s Funding Errors
Big Department of Air Force Plus Ups from SAC-D Include C-130J; JASSM; EA-37B; Tranche 3, Transport Layer
Northrop Grumman Announces Completion of First Qualification Test of Sentinel Stage-Two Solid Rocket Motor

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