Lockheed Martin has agreed to acquire Terran Orbital.
Lockheed Martin Corporation is a global security company that researches, designs, develops, manufactures, and integrates technology products and services. It has four business segments: Missiles and Fire Control, Rotary and Mission Systems, Aeronautics, and Space.
Terran Orbital Corporation is a provider of wireless communication equipment. The company manufactures satellite products.
Sources: Bloomberg, Investopedia, Lockheed Martin
Read the full press release here
