Lockheed Martin will take troubled satellite manufacturer Terran Orbital private in a deal that values the company at $450 million.
Credit: Jose Luis Stephens / Alamy Stock Photo
Lockheed Martin said on Aug. 15 that it would take troubled satellite manufacturer Terran Orbital private in a $450 million deal well below its initial unsuccessful $600 million bid for the company. Lockheed is both a key investor in Terran, with a 28.3% stake in the company, and its largest...
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