Terran Orbital in Pact With Lockheed Martin to Produce 18 Satellite Buses
Provided by
Dow Jones
By Sabela Ojea
Terran Orbital said it is producing 18 satellite buses for Lockheed Martin's recent Space Development Agency tranche 2 tracking layer contract.
End-to-end satellite-solution-provider Terran Orbital on Monday said that the space vehicles would be manufactured at its robotic space vehicle manufacturing facilities in California.
The T2 tracking layer would accelerate the capability to provide global, persistent indications to track missile threats, as well as to deliver preliminary missile defense capability.
The company didn't disclose financial details of the agreement.
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
May 13, 2024 17:42 ET (21:42 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Markets Brief: Inflation Back in the Spotlight
-
AI Is Booming, but Consumer Spending Is Slowing. Which Will Prevail in the Stock Market?
-
What’s Happening In the Markets This Week
-
Is the Era of Volatility-Suppressing Policies Possibly Over?
-
5 Undervalued Stocks That Crushed Earnings for Q1 2024
-
What Does Nvidia’s Stock Split Mean for Investors?
-
After Earnings, Is Home Depot Stock a Buy, a Sell, or Fairly Valued?
-
After Earnings, Is Baidu Stock a Buy, a Sell, or Fairly Valued?
-
How to Invest Like Warren Buffett
-
DuPont Split Gives Investors Better Choices
-
2 Wide-Moat Stocks to Consider
-
Live Nation: Breakup Sought by Department of Justice Probably Wouldn’t Affect Fair Value Much
-
After Earnings, Is Applied Materials Stock a Buy, Sell, or Fairly Valued?
-
The Best Energy Stocks to Buy
-
Snowflake Earnings: Mixed News, But Signs of Stability
-
Nvidia Earnings: AI Demand Smashes Expectations Again