Lockheed Martin Files 13D/A Amendment for Terran Orbital
Ticker: LMT · Form: SC 13D/A · Filed: 2024-11-01T00:00:00.000Z
Sentiment: neutral
Topics: sec-filing, ownership-disclosure, aerospace
TL;DR
LM files 13D/A amendment for Terran Orbital - still watching their stake.
AI Summary
Lockheed Martin Corp. has filed an amendment (No. 7) to its Schedule 13D concerning Terran Orbital Corporation, as of November 1, 2024. This filing relates to Lockheed Martin's beneficial ownership of Terran Orbital's common stock. The specific details of the ownership stake and any changes are not fully elaborated in the provided text, but it indicates an ongoing reporting requirement for Lockheed Martin regarding its investment in Terran Orbital.
Why It Matters
This filing indicates Lockheed Martin's continued significant interest and reporting obligations related to its investment in Terran Orbital, a key player in the satellite and space technology sector.
Risk Assessment
Risk Level: medium — The filing itself is a routine disclosure, but the underlying investment in a space technology company like Terran Orbital carries inherent market and operational risks.
Key Players & Entities
- Lockheed Martin Corp. (company) — Filer of the Schedule 13D/A
- Terran Orbital Corporation (company) — Subject company of the Schedule 13D/A
- John E. Stevens (person) — Contact person for Lockheed Martin's filing
FAQ
What is the specific nature of the amendment (No. 7) to the Schedule 13D?
The provided text does not specify the exact changes made in amendment No. 7, only that it is an amendment to the existing Schedule 13D filing.
What is Lockheed Martin's current beneficial ownership percentage of Terran Orbital's common stock?
The provided text does not state the current beneficial ownership percentage.
When was the previous Schedule 13D filing made by Lockheed Martin for Terran Orbital?
The provided text does not mention the date of the previous filing, only that this is Amendment No. 7.
What is the CUSIP number for Terran Orbital Corporation's common stock?
The CUSIP number for Terran Orbital Corporation's common stock is 88105P103.
Who is the designated contact person for this filing at Lockheed Martin?
John E. Stevens, c/o Lockheed Martin Corporation, is the designated contact person.
From the Filing
0001123292-24-000328.txt : 20241101 0001123292-24-000328.hdr.sgml : 20241101 20241101174706 ACCESSION NUMBER: 0001123292-24-000328 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20241101 DATE AS OF CHANGE: 20241101 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Terran Orbital Corp CENTRAL INDEX KEY: 0001835512 STANDARD INDUSTRIAL CLASSIFICATION: GUIDED MISSILES & SPACE VEHICLES & PARTS [3760] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-93351 FILM NUMBER: 241420221 BUSINESS ADDRESS: STREET 1: 6800 BROKEN SOUND PARKWAY, SUITE 200 CITY: BOCA RATON STATE: FL ZIP: 33487 BUSINESS PHONE: (561) 988-1704 MAIL ADDRESS: STREET 1: 6800 BROKEN SOUND PARKWAY, SUITE 200 CITY: BOCA RATON STATE: FL ZIP: 33487 FORMER COMPANY: FORMER CONFORMED NAME: Tailwind Two Acquisition Corp. DATE OF NAME CHANGE: 20201208 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LOCKHEED MARTIN CORP CENTRAL INDEX KEY: 0000936468 STANDARD INDUSTRIAL CLASSIFICATION: GUIDED MISSILES & SPACE VEHICLES & PARTS [3760] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 521893632 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 6801 ROCKLEDGE DR CITY: BETHESDA STATE: MD ZIP: 20817 BUSINESS PHONE: 3018976000 MAIL ADDRESS: STREET 1: 6801 ROCKLEDGE DRIVE CITY: BETHESDA STATE: MD ZIP: 20817 SC 13D/A 1 lockheed.htm Submission Documents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 7)*   TERRAN ORBITAL CORPORATION (Name of Issuer)   Common Stock, par value $0.0001 per share (Title of Class of Securities)   88105P103 (CUSIP Number)    John E. Stevens c/o Lockheed Martin Corporation 6801 Rockledge Drive Bethesda, MD 20817 (301) 897-6000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communication)   October 30, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).    CUSIP No.  88105P103   SCHEDULE 13D     1   NAMES OF REPORTING PERSONS                 Lockheed Martin Corporation             2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    (a)  ☐          (b)  ☐           3   SEC USE ONLY       4     SOURCE OF FUNDS (See Instructions)             OO             5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)     ☐                 6   CITIZENSHIP OR PLACE OF ORGANIZATION             Maryland             NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   7   SOLE VOT