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Spacecraft maker Terran Orbital 'looking at everything,' CEO says after Lockheed Martin takeover bid - TL;DR CNBC

Spacecraft maker Terran Orbital 'looking at everything,' CEO says after Lockheed Martin takeover bid

Publishing timestamp: 2024-03-08 14:16:00


Summary

Terran Orbital is considering Lockheed Martin's acquisition offer, with the defense giant already holding a significant stake in the satellite manufacturer. Terran Orbital is exploring all options for its future, including potential sale of the company, as it aims to maximize value for shareholders.


Sentiment: NEUTRAL

Tickers: LMTLLAP

Keywords: technologytransportationthe edgebreaking news: businessspace industrymarc bellbreaking news: technologyaerospace and defense industrybusiness newstailwind two acquisition corplockheed martin corpbusiness

Source: https://www.cnbc.com/2024/03/08/terran-orbital-ceo-looking-at-everything-after-lockheed-martin-bid.html


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