➀ Lockheed Martin has agreed to acquire Terran Orbital, a satellite manufacturer, for approximately $450 million. ➁ The deal includes acquiring Terran Orbital for $0.25 in cash per share and retiring its existing debt, along with establishing a $30 million working capital facility. ➂ The acquisition aims to expand Lockheed Martin's advanced satellite manufacturing and responsive space capabilities, leveraging Terran Orbital's expertise and Lockheed Martin's resources.