U.S. Space Force Chief of Space Operations General John “Jay” Raymond Visits Terran Orbital’s Rapidly Expanding Irvine Facilities

Rhea-AI Summary

Terran Orbital Corporation (NYSE: LLAP) welcomed General John Raymond, Chief of Space Operations, U.S. Space Force, to its facilities in Irvine, California on August 16. The visit included a corporate briefing on the development of 52 satellite buses for Lockheed Martin, supporting the Space Development Agency's Transport Layer programs. Additionally, General Raymond was updated on the lunar-bound CAPSTONE mission, recently recognized as SmallSat Mission of the Year. CEO Marc Bell expressed enthusiasm for ongoing collaboration with the U.S. Space Force.

Positive

• Successful presentation of 52 satellite buses for Lockheed Martin aligned with Space Development Agency's programs.
• Recognition of CAPSTONE mission as SmallSat Mission of the Year enhances company reputation.

Negative

• None.

Lockheed Martin and the Space Development Agency toured Terran Orbital’s new facilities prior to General Raymond’s visit

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 U.S. Space Force Chief of Space Operations General John “Jay” Raymond at the company’s rapidly expanding operations and manufacturing facilities in Irvine, Calif. The visit took place on Tuesday, August 16, and included tours, briefings, and conversation.

From left to right: Adam Thurn, Vice President of Engineering at Terran Orbital; Wahid Azizpor, Senior Vice President of Manufacturing at Terran Orbital; Shawn Hendricks, Senior Vice President of Operations at Terran Orbital; Michael Moran, Senior Vice President of Defense and Intelligence Systems at Terran Orbital; Matthew Gann, Senior Vice President of Strategy and Growth at Terran Orbital; Brigadier General D. Jason Cothern, Deputy Commander of Space Systems Command, United States Space Force; General John “Jay” Raymond, Chief of Space Operations, United States Space Force; Roger Teague, President of Defense and Intelligence Systems at Terran Orbital; Austin Williams, Chief Technology Officer at Terran Orbital; Richard Bays, Chief Information Officer at Terran Orbital; Mark Kula, Senior Vice President of Programs at Terran Orbital. (Credit: Terran Orbital Corporation)

General Raymond received a corporate overview briefing on the 52 buses Terran Orbital is developing for Lockheed Martin in support of the Space Development Agency’s Transport Layer Tranche 0 and Tranche 1 programs. Terran Orbital also briefed General Raymond regarding the status of NASA’s lunar-bound CAPSTONE mission and its recent anointing as SmallSat Mission of the Year. General Raymond concluded his visit with a tour of Terran Orbital’s production operations and assembly, integration, and test facilities.

“Terran Orbital develops products and services elevating the aerospace and defense landscape,” said Terran Orbital Co-Founder, Chairman, and Chief Executive Officer Marc Bell. “We are always thrilled to share our insights and capabilities with General Raymond and the U.S. Space Force, and we look forward to delivering the remaining buses for the Space Development Agency’s Transport Layer Tranche 0 and Tranche 1 programs.”

About Terran Orbital

Terran Orbital is a leading manufacturer of 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220822005058/en/

Virginia Norder

pr@terranorbital.com

949-508-6404

Source: Terran Orbital Corporation

FAQ

What recent event involved Terran Orbital and General John Raymond?

On August 16, General John Raymond visited Terran Orbital's facilities in Irvine, California.

What is the significance of the 52 buses mentioned in the press release?

The 52 buses are being developed for Lockheed Martin to support the Space Development Agency's Transport Layer programs.

What recognition did the CAPSTONE mission receive?

The CAPSTONE mission was honored as the SmallSat Mission of the Year.

Who is the CEO of Terran Orbital Corporation?

The CEO of Terran Orbital is Marc Bell.

How does Terran Orbital contribute to the aerospace and defense sector?

Terran Orbital provides end-to-end satellite solutions, including design, production, and on-orbit support.