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Lockheed Martin Acquires Terran Orbital, Boosts Satellite Production

9/24/2025

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Summary

Story summary

Lockheed Martin now owns Terran Orbital after last year's acquisition.
Terran Orbital delivered 42 satellite buses to Lockheed Martin for Space Development Agency (SDA)'s Tranche 1, Transport Layer.
Lockheed awarded Terran Orbital the subcontract in 2022 as part of a $700 million contract.
The SDA launched the first Tranche 1 satellites earlier this month; Lockheed's satellites follow with Link-16 connectivity.

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Story summary

Lockheed Martin now owns Terran Orbital after last year's acquisition.
Terran Orbital delivered 42 satellite buses to Lockheed Martin for Space Development Agency (SDA)'s Tranche 1, Transport Layer.
Lockheed awarded Terran Orbital the subcontract in 2022 as part of a $700 million contract.
The SDA launched the first Tranche 1 satellites earlier this month; Lockheed's satellites follow with Link-16 connectivity.