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Terran Orbital is Awarded Subcontract by Lockheed Martin for SDA’s Tranche 2 Tracking Layer

Today, Terran Orbital Corporation (NYSE: LLAP) (“Terran Orbital” or the “Company”), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, has been chosen by Lockheed Martin to manufacture 18 satellite buses for the Space Development Agency’s (SDA) Tranche 2 (T2) Tracking Layer contract.

As part of this contract, Lockheed Martin will supply the SDA with 16 wide field-of-view missile warning and missile tracking space vehicles equipped with infrared sensors, as well as two additional vehicles featuring missile defense infrared sensors capable of generating fire control-quality tracks for preliminary missile defense missions. Each of these satellites will incorporate a Terran Orbital bus.

“We’re proud to be once again selected as the trusted space vehicle provider for Lockheed Martin, especially for the SDA’s critical tracking mission,” said Marc Bell, Terran Orbital’s Co-Founder, Chairman, and Chief Executive Officer. “This continued partnership signifies the confidence Lockheed Martin places in Terran Orbital’s capabilities. We are excited to leverage our expertise and deliver these advanced space vehicles to support the SDA’s mission objectives.”

These state-of-the-art space vehicles will be manufactured at Terran Orbital’s advanced robotic space vehicle manufacturing facilities located in California. This award highlights Terran Orbital’s commitment to innovation and solidifies its position as a key player in developing the next generation of proliferated warfighting constellations.

The T2 Tracking Layer is designed to enhance the ability to provide global, persistent indications, detection, warning, and tracking of conventional and advanced missile threats, including hypersonic missile systems. It will also deliver preliminary missile defense capabilities by integrating fire control-quality sensors within the constellation.

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