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Terran Orbital Selected by Lockheed Martin to Produce 18 Satellite Buses for Space Development Agency
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Terran Orbital Selected by Lockheed Martin to Produce 18 Satellite Buses for Space Development Agency
May 13, 2024 3:04 PM

05:32 PM EDT, 05/13/2024 (MT Newswires) -- Terran Orbital ( LLAP ) has been selected by Lockheed Martin ( LMT ) to produce 18 satellite buses for the Space Development Agency's tranche 2 tracking layer, Terran said Monday.

Financial details of the deal weren't disclosed.

Lockheed Martin ( LMT ) will provide the Space Development Agency with 16 missile warning/missile tracking space vehicles with infrared sensors and two vehicles with missile defense infrared sensors, Terran Orbital ( LLAP ) said.

Each Lockheed Martin ( LMT )-built tracking layer satellite will have a Terran Orbital ( LLAP ) bus.

Price: 1.0800, Change: +0.03, Percent Change: +2.86

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