Lockheed Martin led a $100m investment in Terran Orbital.

Lockheed Martin, an aerospace, arms, defense, information security, and technology corporation, led a $100m investment in Terran Orbital, a satellite-based solutions provider. “In today’s market, customers want the industry to determine the leaders that will deliver timely, quality, and affordable solutions across a variety of missions. This is a continued expansion of our collaboration with Lockheed Martin, and complements and accelerates the decision Terran Orbital made amid the lingering supply chain crisis to continue to vertically integrate products and components to facilitate full in-house satellite and manufacturing production. We see the opportunity to dramatically ramp up our capabilities and external product offerings, which we believe will move Terran Orbital toward profitability," Marc Bell, Terran Orbital Co-Founder, Chairman, and CEO.