Lockheed Martin’s suite of satellite buses and a Space Development Agency transport layer spacecraft. Credit: Lockheed Martin

WASHINGTON — Lockheed Martin Corp announced Oct. 30 it has completed the acquisition of small satellite manufacturer Terran Orbital. The approximately $450 million acquisition deal deepens Lockheed Martin’s foothold in the commercial satellite sector and culminates a partnership that began in 2017.

To continue reading this article:

Register now to read
3 free articles this month.

You’ll also receive our weekly Editor’s Choice, SpaceNews This Week and Opinions newsletters. Opt-out at any time.

Sign in to an existing account

Get unlimited access to SpaceNews.com, the SpaceNews app and our digital monthly magazine for less than $5 per week.

$280

On a campus or library network? Check for access.

Cancel anytime. Sales tax may apply. No refunds. Terms and conditions apply.

See all subscription options

Sandra Erwin writes about military space programs, policy, technology and the industry that supports this sector. She has covered the military, the Pentagon, Congress and the defense industry for nearly two decades as editor of NDIA’s National Defense...