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Lockheed Martin is buying Terran Orbital , the company announced Thursday .
The agreement will see Lockheed acquire Terran at an enterprise valuation of nearly $450 million .
Lockheed will pay off Terran 's debt and established a $30 million capital facility to keep the company going while the deal closes.
Terran Orbital's cash reserves were less than $15 million at the end of July , it reported in a filing on Monday .
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