Terran Orbital Bags $15.2M Contract From the US Space Force
Author: Benzinga Newsdesk | March 05, 2024 07:31am
Terran Orbital Corporation (NYSE:LLAP) ("Terran Orbital" or the "Company"), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, announced it was awarded a $15.2 million contract to supply Ambassador Class satellite platforms complete with solar arrays and support equipment to the Air Force Research Laboratory AFRL. The contract, managed through Axient Corporation, will integrate payloads onto these ESPA-Grande size space vehicle platforms to support specific United States Space Force missions. Delivery is planned in the 4th quarter of 2024.
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