Lockheed Martin's Acquisition Bid for Terran Orbital Revealed
Friday, 1 March 2024, 22:41
Lockheed Martin Bids for Terran Orbital Acquisition
Lockheed Martin, a defense giant, has submitted a bid to acquire spacecraft manufacturer Terran Orbital for nearly $600 million. The announcement was made public through a securities filing on Friday. This potential acquisition highlights Lockheed Martin's strategic efforts to expand its presence in the aerospace industry and diversify its portfolio.
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