<SEC-DOCUMENT>0001062993-24-018212.txt : 20241101
<SEC-HEADER>0001062993-24-018212.hdr.sgml : 20241101
<ACCEPTANCE-DATETIME>20241101174928
ACCESSION NUMBER:		0001062993-24-018212
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20241030
FILED AS OF DATE:		20241101
DATE AS OF CHANGE:		20241101

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LOCKHEED MARTIN CORP
		CENTRAL INDEX KEY:			0000936468
		STANDARD INDUSTRIAL CLASSIFICATION:	GUIDED MISSILES & SPACE VEHICLES & PARTS [3760]
		ORGANIZATION NAME:           	04 Manufacturing
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40170
		FILM NUMBER:		241420227

	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

ISSUER:		

	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

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-10-30</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001835512</issuerCik>
        <issuerName>Terran Orbital Corp</issuerName>
        <issuerTradingSymbol>LLAP</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000936468</rptOwnerCik>
            <rptOwnerName>LOCKHEED MARTIN CORP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6801 ROCKLEDGE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BETHESDA</rptOwnerCity>
            <rptOwnerState>MD</rptOwnerState>
            <rptOwnerZipCode>20817</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-10-30</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On October 30, 2024, pursuant to the Agreement and Plan of Merger, dated as of August 15, 2024, by and among the Reporting Person, Tholian Merger Sub, Inc., a wholly owned subsidiary of the Reporting Person (&quot;Merger Sub&quot;), and the Issuer, on Merger Sub merged with and into the Issuer (the &quot;Merger&quot;), with the Issuer continuing as the surviving corporation and a wholly owned subsidiary of the Reporting Person. Prior to completion of the Merger, the shares of common stock of the Issuer previously directly owned by Astrolink International, LLC, an indirect wholly owned subsidiary of the Reporting Person, were contributed to the Reporting Person.</footnote>
        <footnote id="F2">At the effective time of the Merger (the &quot;Effective Time&quot;), the 13,481,857 shares of common stock of the Issuer owned by the Reporting Person immediately prior to the Effective Time were cancelled for no consideration, and the Reporting Person became the direct beneficial owner of 1,000 shares of common stock of the surviving corporation, representing 100% of the issued and outstanding shares of common stock of the surviving corporation. In connection with the consummation of the Merger, on October 30, 2024, all Senior Secured Convertible Notes due 2027 and warrants to purchase shares of common stock held by the Reporting Person, which were previously reported in Table II of the Reporting Person's previous Section 16 filings with respect to the Issuer's securities, were canceled for no consideration.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Lockheed Martin Corporation, by John E. Stevens, Vice President, Associate General Counsel</signatureName>
        <signatureDate>2024-11-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
