Lockheed Martin's Decision to Withdraw Buyout Offer for Terran Orbital

Thursday, 2 May 2024, 21:39

Lockheed Martin has decided to withdraw its $300 million acquisition bid for Terran Orbital, a satellite maker. The move reflects shifting priorities in the aerospace industry and indicates potential future strategies for both companies. This decision could have significant implications for the companies involved and the broader industry.

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Lockheed Martin Withdraws Offer to Acquire Terran Orbital

Lockheed Martin has withdrawn an offer to acquire satellite maker Terran Orbital for nearly $300 million.

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