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Lockheed Martin completes acquisition of Terran Orbital
Posted: Sun, Nov 3, 2024, 9:57 AM ET (1457 GMT)
Lockheed Martin has completed its acquisition of smallsat manufacturer Terran Orbital. Lockheed said Wednesday it closed the deal, announced in mid-August and valued at about $450 million. Terran Orbital, now formally known as "Terran Orbital, a Lockheed Martin Company," will continue to serve as a merchant supplier of smallsats for customers beyond Lockheed, which had been a key customer and partner. Terran Orbital was among the space companies that went public through SPAC mergers but which then struggled in the public market.
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news in brief
EU moves forward with satellite broadband constellation
Posted: Sun, Nov 3 10:02 AM ET (1502 GMT)

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Lockheed Martin completes acquisition of Terran Orbital
Posted: Sun, Nov 3 9:57 AM ET (1457 GMT)

news links
Monday, November 4
Firms may not deal with Defence after JP9102 axe, says SIAA
Space Connect (Australia) — 6:20 am ET (1120 GMT)
Defence confirms JP9102 cancellation
Australian Defence Magazine — 6:20 am ET (1120 GMT)


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