Lockheed Martin acquisition of Terran Orbital
Lockheed Martin bought satellite builder Terran Orbital, which it already part-owned.
- Company
- Terran Orbital
- Type
- M&A
- Status
- Completed
- Date
- 30 Oct 2024
- Value
- US$450m
- Value basis
- About US$450m enterprise value; US$0.25 per share in cash plus retirement of Terran Orbital debt
- Region
- US
- Segment
- Spacecraft and components
Also covered on InfraOrbit.
Parties
- Lockheed Martin buyer
- Terran Orbital shareholders seller
Key terms
- Announced
- 15 Aug 2024
Sources
- Terran Orbital 8-K: Lockheed Martin to acquire Terran Orbital sec.gov · 15 Aug 2024
- Intelligence Community News: Lockheed Martin completes Terran Orbital acquisition intelligencecommunitynews.com · Oct 2024
Record DEF-INV-2024-0022. Investments are kept apart from the financings register and never counted in debt totals.
