Update
$Terran Orbital(LLAP.US$ Two Terran Orbital space vehicles added to $6B rapid IV IDIQ contract
• Terran Orbital (NYSE:LLAP) on Tuesday announced the expansion of its capabilities under NASA’s long-standing multi-participant Rapid Spacecraft Acquisition IV (Rapid IV) Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract.
• NASA has on-ramped two additional space vehicle platforms, which could position Terran Orbital as a premier partner for the space agency, offering a wider range of solutions for diverse missions, the company said.
• The Rapid IV awards have a shared potential ceiling of $6 billion among all contractors selected.
• Terran Orbital (NYSE:LLAP) on Tuesday announced the expansion of its capabilities under NASA’s long-standing multi-participant Rapid Spacecraft Acquisition IV (Rapid IV) Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract.
• NASA has on-ramped two additional space vehicle platforms, which could position Terran Orbital as a premier partner for the space agency, offering a wider range of solutions for diverse missions, the company said.
• The Rapid IV awards have a shared potential ceiling of $6 billion among all contractors selected.
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