Terran Orbital CEO ‘looking at everything’ after Lockheed Martin takeover bid

Satellite manufacturer Terran Orbital is “looking at everything” regarding the company’s future, CEO Marc Bell told CNBC, as it considers Lockheed Martin’s acquisition offer. “We found out about [Lockheed’s takeover bid] when the rest of the world found out about it,” Bell said on CNBC’s “Manifest Space” podcast. Lockheed’s proposal submitted last week values Terran … Read more

Poland’s president meets Lockheed Martin CEO about further investment in military weapons

WARSAW, Poland — Poland’s president has met the CEO of U.S. manufacturer Lockheed Martin about strengthening security in the region and continued U.S. investment in Poland’s military weapons and equipment, the country’s National Security Bureau said Wednesday. The bureau in a post on X, formerly Twitter, said the talks between President Andrzej Duda and Jim … Read more

X-59 ‘Quiet supersonic’ jet from NASA and Lockheed finally rolls out

NASA and Lockheed Martin have finally taken the wraps off of the X-59, a “quiet supersonic” aircraft that may shape the future of both military and civilian air travel. The X-59 has been under development at Lockheed Martin Skunk Works for years, following a $248 million grant from NASA in 2018. That was just the … Read more

Pentagon Awards Lockheed $33.7M for Nuclear Spacecraft Project

An artistic rendering of a space nuclear reactor system designed to produce high-power electricity.Illustration: LANL Lockheed Martin is at the early stages of developing a nuclear propulsion system to power a spacecraft through the depths of the cosmos. What Inspired Dominic Monaghan’s Performance in Moriarty? Under a $33.7 million contract from the Air Force Research … Read more

Pentagon awards $1.5 billion to Lockheed Martin, Northrop Grumman

An artist illustration exhibits the capabilities of the Area Growth Company’s satellite tv for pc constellation. Area Growth Company The Pentagon’s Area Growth Company on Monday awarded $1.5 billion in contracts to Lockheed Martin and Northrop Grumman for prototype communications satellites. SDA stated the 72 satellites can be for the Beta variant of its Tranche … Read more