Jun. 30 at 3:10 AM
$LLAP From Wikipedia.
Yah, thats what happened.
On August 15, 2024, Bell agreed to sell Terran Orbital to Lockheed Martin for
$450 million,[27] and a 6-million-dollar bonus for himself.[28] At the end of October 2024, Lockheed Martin completed its acquisition of Terran Orbital, becoming the sole owner of the company. Terran Orbital continues its existence as part of Lockheed Martin (rebranded as “Terran Orbital, a Lockheed Martin Company”) and continues to produce smallsats.[29]