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Terran Orbital Completes Delivery to Lockheed Martin

To Support Space Development Agency

Terran Orbital Corp. (NYSE: LLAP), which maintains a major presence in Irvine, said it has completed delivery of 10 satellite “buses” to prime contractor Lockheed Martin in support of a key Space Development Agency project.

The buses, which are the bodies of the satellites and hold the scientific equipment and other necessary components, are destined for the SDA’s Tranche 0 Transport Layer. The SDA calls itself the Pentagon’s “constructive disruptor for space acquisition.”

“The delivery of all ten Tranche 0 satellite buses marks a key milestone, and we are excited to continue effective teamwork as Terran Orbital will also design and build the buses for Lockheed Martin’s SDA Tranche 1 Transport Layer satellites,” said Terran Orbital co-founder, chairman, and chief executive officer Marc Bell in a statement today “We are always thrilled to work with Lockheed Martin and look forward to delivering the Tranche 1 satellite buses.”

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
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