Aerospace Group:

Terran Orbital Announces New Business with Lockheed Martin to Build 36 Satellite Buses for SDA Tranche 2, Transport Layer-Beta Constellation

Frank Wolfe

Tuesday, October 24th, 2023

SHARE:

Terran Orbital Announces New Business with Lockheed Martin to Build 36 Satellite Buses for SDA Tranche 2, Transport Layer-Beta Constellation

A SpaceX Falcon 9 rocket carrying 13 Tranche 0 satellites lifts off from Vandenberg Space Force Base, Calif. at 7:25 a.m. on Sept. 2 (U.S. Space Force Photo)

Terran Orbital [LLAP] said on Oct. 24 that it has received a Lockheed Martin [LMT] contract to build 36 satellite buses for the Space Development Agency’s (SDA) Tranche 2 Transport Layer-Beta constellation. Terran Orbital is also building 42 buses for Lockheed Martin for the SDA Tranche 1 Transport Layer under a $700 million SDA contract to Lockheed Martin (Defense Daily, Feb. 28, 2022). SDA also awarded Northrop Grumman [NOC] $692 million for 42 Tranche 1 Transport Layer satellites and York…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]