Terran Orbital Won $7.7M Contract From Lockheed Martin To Host Additional Payloads
Portfolio Pulse from Benzinga Newsdesk
Terran Orbital has won a $7.7 million contract from Lockheed Martin to host additional payloads. This could potentially increase the revenue and profitability of Terran Orbital.
October 26, 2023 | 10:43 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Lockheed Martin has awarded a $7.7 million contract to Terran Orbital. This could potentially increase Lockheed Martin's capabilities and offerings.
Lockheed Martin's decision to award a contract to Terran Orbital indicates a strategic move to enhance its capabilities. However, the financial impact of this contract on Lockheed Martin's overall revenue is likely to be minimal due to the size of the company.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80