Climate Change Data

Terran Orbital Corporation

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Social Achievements

  • Employee headcount nearly doubled in the last twelve months (from approximately 250 to nearly 500).

Governance Achievements

  • Went public on the New York Stock Exchange on March 28, 2022.

Climate Goals & Targets

Environmental Challenges

  • Impact of COVID-19 or future epidemics on business, potential supply chain disruptions, facility closures, work stoppages, program delays, payment policies and regulations, ability to recover costs under contracts, and uncertainty regarding the impacts of potential vaccine mandates or other requirements.
  • U.S. Government budget uncertainty, risk of future budget cuts, debt ceiling, potential for government shutdowns and changing funding and acquisition priorities.
  • Reliance on contracts with the U.S. Government or subcontracts on U.S. Government programs, which are dependent on U.S. Government funding and can be terminated for convenience, and ability to negotiate favorable contract terms.
  • Risks related to the development, production, sustainment, performance, schedule, cost and requirements of complex and technologically advanced programs.
  • Planned production rates and orders for significant programs, compliance with stringent performance and reliability standards, and materials availability.
  • Performance and financial viability of key suppliers, teammates, partners, subcontractors and customers.
  • Economic, industry, business and political conditions including their effects on governmental policy and government actions that disrupt our supply chain or prevent the sale or delivery of our products.
  • Ability to attract and retain a highly skilled workforce; the impact of work stoppages or other labor disruptions.
  • Accuracy of estimates and projections.
  • Efforts to increase the efficiency of operations and improve the affordability of products and services.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • Small Satellite Conference Mission of the Year award for CAPSTONE spacecraft