Spaceflight Shakeup: Leading Rocket Company ULA Is Reportedly Up for Sale

confirmed to Berger that “potential buyers have been contacted about the opportunity

” and that the sale could happen in the coming months. Parent companies Boeing and Lockheed Martin are remaining tight-lipped on the matter, independently telling Berger that they don’t “comment on potential market rumors or speculation about financial activities.” Founded in 2006, United Launch Alliance came into existence as an amalgamation of launch divisions belonging to Boeing and Lockheed Martin, in a military-minded deal brokered by the U.S. government. This created a temporary monopoly in the U.S. rocket industry, as Elon Musk’s SpaceX hadn’t yet launched its first rocket,to Quartz reporter Tim Fernholz.

If only Space Karen hadn't spent all his money grinding Twitter into the dirt, maybe he'd have some time and cash to take it on?

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rocket Lab quarterly revenue stays steady as space company doubles order backlogRocket Lab said Tuesday it has doubled its order backlog — from about $241 million in contracts at the end of 2021 to $503.6 million at the end of 2022.
Source: CNBC - 🏆 12. / 72 Read more »