ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Terran Orbital Completes Order for SDA’s Tranche 0 Transport Layer

All ten satellite buses were delivered to Lockheed Martin for integration

Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, today announced the delivery of the final of ten satellite buses to prime contractor Lockheed Martin in support of the Space Development Agency’s (SDA) Tranche 0 Transport Layer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221222005050/en/

Just in time for the holidays - Terran Orbital delivers order for SDA's Tranche 0 Transport Layer to Lockheed Martin (Image Credit: Terran Orbital Corporation)

Just in time for the holidays - Terran Orbital delivers order for SDA's Tranche 0 Transport Layer to Lockheed Martin (Image Credit: Terran Orbital Corporation)

The delivery of the ten Tranche 0 buses proves Terran Orbital’s ability to build modules and deliver vehicles at scale – marking the company’s shift from lower quantity, mission-unique satellites to robust production. Terran Orbital delivered the satellite buses at a rate greater than one per week over an approximately six-week period.

“The delivery of all ten Tranche 0 satellite buses marks a key milestone, and we are excited to continue effective teamwork as Terran Orbital will also design and build the buses for Lockheed Martin’s SDA Tranche 1 Transport Layer satellites,” said Terran Orbital Co-Founder, Chairman, and Chief Executive Officer Marc Bell. “We are always thrilled to work with Lockheed Martin and look forward to delivering the Tranche 1 satellite buses.”

The Tranche 0 constellation, operating in low-Earth Orbit, will provide secure high-bandwidth, low-latency data links to enable the initial warfighting capability of the SDA’s National Defense Space Architecture (NDSA). This beyond-line-of-sight tracking, targeting, and communications will dramatically extend U.S. warfighting options and allow additional coalition and allied partners to eventually bring their capabilities into the network.

About Terran Orbital

Terran Orbital is a leading manufacturer of satellite products primarily serving the 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.

“The delivery of all ten Tranche 0 satellite buses marks a key milestone,” said Terran Orbital Co-Founder, Chairman, and Chief Executive Officer Marc Bell.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.