Lockheed Withdraws Bid To Take Over Terran Orbital

Terran orbital satellite
Credit: Terran Orbital
Lockheed Martin has withdrawn its bid to take over the rest of small satellite startup Terran Orbital’s stock it did not already own, according to announcements late May 2. Lockheed sent a letter to Terran on April 30 saying it was withdrawing its bid, according to a U.S. regulatory filing...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

Subscription Required

 

Lockheed Withdraws Bid To Take Over Terran Orbital is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.