Lockheed Offers To Buy Terran Orbital for $606M

The Triumph satellite bus.

Credit: Terran Orbital
Lockheed Martin is offering to buy small-satellite startup Terran Orbital for what would amount to a roughly $606 million enterprise value, a move that would secure Lockheed’s new-space supplier while putting an end to a dramatic couple of years for the space upstart. In a U.S. regulatory filing...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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