{"id":184570,"date":"2024-03-09T01:50:30","date_gmt":"2024-03-09T07:50:30","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2024\/03\/lockheed-martin-offers-to-acquire-terran-orbital"},"modified":"2024-03-09T01:50:30","modified_gmt":"2024-03-09T07:50:30","slug":"lockheed-martin-offers-to-acquire-terran-orbital","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2024\/03\/lockheed-martin-offers-to-acquire-terran-orbital","title":{"rendered":"Lockheed Martin offers to acquire Terran Orbital"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/lockheed-martin-offers-to-acquire-terran-orbital2.jpg\"><\/a><\/p>\n<p>Under the proposal, Lockheed would pay $1 per share of Terran Orbital stock it does not currently own, valuing the company at a little under $200 million. Lockheed would pay more than $70 million to buy outstanding stock warrants and assume or repay $313 million in Terran Orbital debt.<\/p>\n<p>\u201cTerran represents an attractive opportunity for Lockheed Martin, and we are treating the potential Transaction as a strategic priority,\u201d Lockheed stated in the letter. \u201cTerran\u2019s superior capabilities and business momentum align with one of Lockheed Martin Space\u2019s strategic growth priorities and the Transaction would accelerate that strategy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Under the proposal, Lockheed would pay $1 per share of Terran Orbital stock it does not currently own, valuing the company at a little under $200 million. Lockheed would pay more than $70 million to buy outstanding stock warrants and assume or repay $313 million in Terran Orbital debt. \u201cTerran represents an attractive opportunity for [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,8],"tags":[],"class_list":["post-184570","post","type-post","status-publish","format-standard","hentry","category-business","category-space"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/184570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=184570"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/184570\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=184570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=184570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=184570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}