Lockheed Martin’s suite of satellite buses and a Space Development Agency transport layer spacecraft. Credit: Lockheed Martin

WASHINGTON — Lockheed Martin Corp announced Oct. 30 it has completed the acquisition of small satellite manufacturer Terran Orbital. The approximately $450 million acquisition deal deepens Lockheed Martin’s foothold in the commercial satellite sector and culminates a partnership that began in 2017.

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Sandra Erwin writes about military space programs, policy, technology and the industry that supports this sector. She has covered the military, the Pentagon, Congress and the defense industry for nearly two decades as editor of NDIA’s National Defense...