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...

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