AcquisitionLockheed Martin Corporation announced the acquisition of Terran Orbital Corporation, which is expected to close in 4Q24.
Financial StabilityThe acquisition helps prevent further dilution for the company’s bondholders, while also providing some recovery to shareholders.
Growth OpportunitiesLMT's offer is seen as the best possible outcome to ensure a seamless transition, while also allowing the company to be in a position to explore new opportunities for growth.