Lockheed is a strategic investor and partner of Terran Orbital, which manufactures Lockheed's 150 kg LM-50 bus.
Lockheed Martin Aeronautics has awarded Terran Orbital Corporation a contract for three microsatellite class payloads in support of product demonstration.
Speaking about the contract, Marc Bell, Co-Founder, Chairman, and Chief Executive Officer of Terran Orbital, said: “We are thrilled Terran Orbital will be part of another programme with Lockheed Martin. This contract award provides an exciting opportunity for the company to demonstrate our capabilities as a small satellite provider delivering cost-effective end-to-end solutions enabling missions.”
Matt Gann, Senior Vice President of Programmes at Terran Orbital, added: “At Terran Orbital we pride ourselves on creating high quality, cost-effective satellite solutions that surpass the customers’ needs. It is a privilege to evolve our agile aerospace processes as we expand our partnership with the top defence contractor in the world, Lockheed Martin.”
Daniel Markham, Programme Director, Lockheed Martin Skunk Works, stated: “This project will allow us to demonstrate enhanced capability in a series of key technology areas. We look forward to working with the team to deliver critical solutions.”
Terran Orbital has previously announced that it entered into a business combination agreement with Tailwind Two Acquisition Corp., a special purpose acquisition company, pursuant to which Terran Orbital will combine with Tailwind Two.
