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Lockheed Martin has withdrawn its bid to take over the rest of small satellite startup Terran Orbital’s stock it did not already own, according to announcements late May 2.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...

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