Lockheed completes acquisition of smallsat maker Terran Orbital

Lockheed completes acquisition of smallsat maker Terran Orbital
Lockheed completes acquisition of smallsat maker Terran Orbital

The smallsat maker — now known as Terran Orbital, a Lockheed Martin Company — will report to Lockheed’s space unit and serve as a merchant supplier to other major space primes, Lockheed said.

Lockheed Martin COO Frank St. John on the defense budget, potential acquisitions and supply chain

Lockheed Martin COO Frank St. John on the defense budget, potential acquisitions and supply chain
Lockheed Martin COO Frank St. John on the defense budget, potential acquisitions and supply chain

“With regards to the election, we think that deterrence and deterrence capabilities are an enduring theme, regardless of which party is in the executive branch or who’s in control of Congress,” said Lockheed Martin COO Frank St. John.

Lockheed to acquire smallsat maker Terran Orbital in $450M deal

Lockheed to acquire smallsat maker Terran Orbital in $450M deal
Lockheed to acquire smallsat maker Terran Orbital in $450M deal

The deal marks the first time Lockheed has sought to acquire a company from its Lockheed Martin ventures portfolio.

DARPA contracts 4 firms for DRIFT radar imagery experiments

DARPA contracts 4 firms for DRIFT radar imagery experiments
DARPA contracts 4 firms for DRIFT radar imagery experiments

Todd Master, Umbra’s chief operating officer and a former DARPA official, told Breaking Defense on May 22 that DRIFT “is a legitimately great example of how government can actually advance capability using commercial investments instead of just saying ‘leverage commercial’ over and over.”

Lockheed Martin’s plan to ‘Ignite’ space innovation

Lockheed Martin’s plan to ‘Ignite’ space innovation
Lockheed Martin’s plan to ‘Ignite’ space innovation

Robert Lightfoot, executive VP of Lockheed Martin Space, explained that the Ignite team pulls together four previously separate organizations to undertake fast-paced technology development.

Lockheed Martin invests $100M in SAR-satellite maker Terran Orbital

Lockheed Martin invests $100M in SAR-satellite maker Terran Orbital
Lockheed Martin invests $100M in SAR-satellite maker Terran Orbital

Marc Bell, Terran Orbital’s CEO, told Breaking Defense that despite the decision to abandon plans for its PredaSAR subsidiary to operate a SAR-sat constellation, the company intends to fully uphold its obligations under a pair of contracts with NRO.