Terran Orbital CEO considering Lockheed Martin's acquisition offer worth $600 million

From CNBC:

Satellite manufacturer Terran Orbital is considering Lockheed Martin’s acquisition offer, valued at nearly $600 million. Despite a shareholder lawsuit over adopting a stock rights plan, CEO Marc Bell emphasized the company’s strategic review for its future, noting the goal is to maximize shareholder value. Terran Orbital is pleased with Lockheed’s offer validation.



Read more at CNBC: Terran Orbital CEO ‘looking at everything’ after Lockheed Martin takeover bid