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Lockheed Martin and Space Development Agency Tour Expanded State-of-the-Art Terran Orbital Facilities
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Rhea-AI Summary
Terran Orbital (NYSE: LLAP) celebrated the delivery of the first satellite bus to Lockheed Martin for the Space Development Agency's Tranche 0 Transport Layer. The event highlighted Terran Orbital's expanded facilities in Irvine, California, emphasizing plans to expand production capacity. The upcoming Tranche 1 satellites are expected to enhance U.S. global defense capabilities. Terran Orbital has also secured a contract to build 42 Tranche 1 satellites, indicating strong future business prospects.
Positive
Successful delivery of the first satellite bus to Lockheed Martin.
Contract secured for building 42 satellites for Tranche 1.
Expansion of production facilities to support increased demand.
Negative
None.
The visit came on the heels of Terran Orbital’s successful delivery of the first of ten satellite buses to Lockheed Martin in support of the Space Development Agency’s Tranche 0 Transport Layer
BOCA RATON, Fla.--(BUSINESS WIRE)--
Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States and Allied aerospace and defense industries, hosted Lockheed Martin and the Space Development Agency (SDA) at Terran Orbital’s newly expanded state-of-the-art Irvine, Calif. facilities. Lockheed Martin and SDA made the visit in celebration of Terran Orbital’s successful delivery of the first of ten satellite buses to Lockheed Martin in support of the Space Development Agency’s Tranche 0 Transport Layer.
From left to right: Mark Lundstrom, Senior Subcontract Program Manager, Terran Orbital and Military Space, International Programs at Lockheed Martin; Roger Teague, President of Defense and Intelligence Systems at Terran Orbital; Tom McCormick, Vice President & Deputy General Manager, Military Space at Lockheed Martin; Johnathon Caldwell, Vice President & General Manager, Military Space at Lockheed Martin; Marc Bell, Co-Founder, Chairman and Chief Executive Officer at Terran Orbital; Dr. Derek Tournear, Director of the Space Development Agency; Wahid Azizpor, Senior Vice President of Manufacturing at Terran Orbital; Shawn Hendricks, Senior Vice President of Operations at Terran Orbital; Eric Daehler, Senior Director, Protected Communications Satellite Missions at Lockheed Martin; Marisa Jimenez, Director of Production at Terran Orbital; Matt Gann, Senior Vice President of Strategy and Business Growth at Terran Orbital; Santina Michel, Senior Vice President of Operations at Terran Orbital; Kristina Iskander, West Coast Liaison at Space Development Agency (Photo: Business Wire)
The beyond-line-of-sight targeting and communications provided by the Transport Layer will equip tactical warfighters around the globe with resilient connectivity to other space assets. While the initial Tranche 0 constellation is expected to have a limited networked capability, future enhancements from Tranche 1 and beyond will significantly increase the routing of data across a larger network of space vehicles. Tranche 1 will then serve as the backbone for Joint All Domain Command and Control – significantly extending the United States’ global defense capabilities. Terran Orbital previously announced a contract award from Lockheed Martin to build 42 satellites for Tranche 1.
SDA Director Dr. Derek Tournear was on hand for the visit along with Johnathon Caldwell, Lockheed Martin Space’s Vice President and General Manager for Military Space.
“It was an absolute honor to host Lockheed Martin and SDA at Terran Orbital’s newly expanded state-of-the-art facilities,” said Terran Orbital Co-Founder, Chairman, and Chief Executive Officer Marc Bell. “Terran Orbital will continue to rapidly expand our production capacity precisely for these moments when we are called upon to develop the satellites and technology used to defend our Nation and Allies. Terran Orbital looks forward to designing, building, and delivering the remaining nine Tranche 0 buses and the 42 Tranche 1 buses.”
In addition to the Transport Layer satellites, Terran Orbital has previously announced a contract award to build and support three microsatellite class satellites for Lockheed Martin.
About Terran Orbital
Terran Orbital is a leading manufacturer of small satellites primarily serving the United States and Allied aerospace and defense industries. Terran Orbital provides end-to-end satellite solutions by combining satellite design, production, launch planning, mission operations, and on-orbit support to meet the needs of the most demanding military, civil, and commercial customers. Learn more at www.terranorbital.com.
