Lockheed Martin’s $450m acquisition of Terran Orbital: What it means for the future of space technology
Lockheed Martin [NYSE: LMT] has signed a definitive agreement to acquire Terran Orbital [NYSE: LLAP] in a substantial transaction valued at approximately $450 million. This strategic acquisition will see Lockheed Martin purchase Terran Orbital for $0.25 per share in cash and assume its existing debt. The deal is anticipated to close in the fourth quarter […]