LMT - Why Terran Orbital (LLAP) Shares Are Falling | Benzinga
Terran Orbital Corp (NYSE:LLAP) shares are trading lower by 15.8% to $1.09 during Friday’s session after
Lockheed Martin Corp (NYSE:LMT) withdrew its buyout proposal.
Terran Orbital meanwhile says Lockheed Martin’s partnership is highly valued, and there’s anticipation for ongoing collaboration as per the Strategic Cooperation Agreement until 2035. The company says their focus remains on surpassing customer expectations and providing advanced satellite solutions.
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