BOCA RATON, Fla., May 09, 2024--Today, Terran Orbital Corporation (NYSE: LLAP) ("Terran Orbital" or the "Company"), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, announced the release of its inaugural Environmental, Social, and Governance Report ("ESG Report"). This report demonstrates Terran Orbital's commitment to operating with environmental responsibility, social consciousness, and strong corporate governance practices throughout its bus
Lockheed Martin said it won’t buy a satellite start-up, sending shares of the latter sharply lower. The defense company said in a regulatory filing on Thursday that it withdrew its $1 per share bid for the stock in satellite solutions provider Terran Orbital that it doesn’t already own. Terran stock was down 20.% in Friday’s premarket trading at $1.03 a share, while and futures were up 0.3% and 0.6%, respectively.
BOCA RATON, Fla., May 02, 2024--Terran Orbital Corporation (NYSE: LLAP) ("Terran Orbital" or the "Company"), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, confirms its ongoing strategic review to maximize shareholder value. The review allows us to explore all options.