Lockheed Martin Completes Acquisition of Terran Orbital

Lockheed Martin has finalized its acquisition of Terran Orbital, a prominent manufacturer of modular spacecraft for the global aerospace and defence sectors, along with its subsidiary, Tyvak International. This acquisition follows a collaborative relationship between the two companies on projects, including initiatives with the Space Development Agency and Lockheed Martin’s technology demonstrations.

“The addition of Terran Orbital’s spirit of entrepreneurship to the scale of Lockheed Martin means there is a great deal of opportunity to keep pushing the boundaries of technology and space solutions together,” said Robert Lightfoot, President of Lockheed Martin Space. “We welcome their ingenuity and dedication to ensuring mission success, and we’ve always valued those aspects of our working relationship. Together, we can deliver our combined innovation and services with a greater sense of urgency to support our customers’ commercial, civil, and national security needs.”

Terran Orbital brings a distinctive range of customizable spacecraft platforms featuring interchangeable components and mission services. When integrated with Lockheed Martin’s mission system expertise and payload capabilities, this combination enhances space operations. The acquisition also supports improved manufacturing practices, driven by automation and robotics, to increase capacity and speed, as well as advanced testing techniques.

Under Lockheed Martin’s Space business area, the company will operate as Terran Orbital, a Lockheed Martin Company. It will continue to serve as a merchant supplier, providing comprehensive solutions that integrate satellite design, production, launch planning, mission operations, and in-orbit support to meet the needs of demanding military, civil, and commercial missions.

Terran Orbital, now part of Lockheed Martin, has facilities located in Boca Raton and Melbourne, Florida; Irvine and Santa Maria, California; Atlanta, Georgia; Tysons Corner, Virginia; and Torino, Italy.

Other Publications

Recent

Induction of LSAM 14 Marks a Milestone for Indian Navy
10-01-2025

The induction ceremony of the seventh Missile Cum Ammunition Barge...

Red Cat Holdings Receives FAA Authorization for Drone Research Without Remote ID
10-01-2025

Red Cat Holdings, Inc., a drone technology company integrating robotic...

GE Aerospace to Supply 210 T700 Engines for Polish Apache Fleet
10-01-2025

GE Aerospace received an order for 210 T700 engines to...

BAE Systems Partners with Airbus to Advance Sustainable Aviation
10-01-2025

BAE Systems has signed an agreement with Airbus to provide...

Jorge Tamarit Degenhardt Appointed CEO of Eurofighter Jagdflugzeug GmbH
10-01-2025

Eurofighter Jagdflugzeug GmbH, the management company behind the Eurofighter Typhoon...

Social Media Updates