Join our newsletter to get the latest military space news every Tuesday by veteran defense journalist Sandra Erwin. WASHINGTON — Lockheed Martin Corp announced Oct. 30 it has completed the acquisition of small satellite manufacturer Terran Orbital. The approximately $450 million acquisition deal deepens Lockheed Martin’s foothold in the commercial satellite sector and culminates a partnership that began in 2017. The acquisition positions Lockheed to leverage Terran’s expertise in low-cost satellite production for both military and commercial ventures. Lockheed Martin stressed that Terran Orbital, now rebranded as “Terran Orbital, a…
