JAKARTA Terran Orbital, a provider and satellite manufacturer, confirmed that they have entered into a new agreement with Lockheed Martin. In the latest contract, Lockheed will purchase 18 satellites belonging to Teran. Reporting from Spacenews, this satellite bus will be used to create 18 Tranche 2 Tracking Layers (T2TL) satellites. This satellite is a request from the Space Development Agency (SDA), part of the United States Space Force (USSF). The new contract between Terran Orbital and Lockheed Martin was published on May 13, the day before the announcement of the revenue. It seems that this news was deliberately conveyed in advance to convince investors that Terran and Lockheed remain partnering. Concerns may arise after Lockheed canceled acquiring Terran on April 30. In fact, initially Lockheed was eager to purchase a stock wargan of $70 million (Rp1.1 trillion) and bears a debt of $313 million (Rp4.9 trillion). When news of the cancellation of this acquisition spread, Lockheed did not explain the reasons behind the withdrawal of his proposal. However, the company said that it would continue to partner with Terran in continuing the purchase of satellite buses.
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Therefore, Lockheed bought satellite components from Terran again. Considering the making of this new contract, Chief Executive of Terran Orbital Marc Bell said that this partnership demonstrates Lockheed's Trust in his company. "We are once again proud to be selected as a trusted space vehicle provider for Lockheed Martin," Bell said. This continued partnership signifies Lockheed Martin's trust in Orbital's capabilities."
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