Boeing, Lockheed form EELV joint venture
Posted: Mon, May 2, 2005, 11:32 PM ET (0332 GMT)
In a surprise move, Boeing and Lockheed Martin announced late Monday that the two companies planned to form a joint venture to build and launch rockets for the US government. The United Launch Alliance will be a 50-50 partnership between the two companies that covers the production, engineers, test, and launch operations of Atlas and Delta rockets for NASA and the US military. The venture will be headquartered at Lockheed's Denver facilities, with most manufacturing to be consolidated at Boeing's Decatur, Alabama factory. An unspecified number of employees in the two companies will be laid off as a result. The alliance does not include commercial launches, nor the development of EELV-derived vehicles that may be used by NASA's Vision for Space Exploration. The two companies had been bitter rivals in recent years, in part because of allegations that Boeing employees accessed confidential Lockheed Martin documentation during the EELV bidding process in the late 1990s. Both companies agreed to dismiss claims against one another related to that dispute as one of the terms of the joint venture.
In a surprise move, Boeing and Lockheed Martin announced late Monday that the two companies planned to form a joint venture to build and launch rockets for the US government. The United Launch Alliance will be a 50-50 partnership between the two companies that covers the production, engineers, test, and launch operations of Atlas and Delta rockets for NASA and the US military. The venture will be headquartered at Lockheed's Denver facilities, with most manufacturing to be consolidated at Boeing's Decatur, Alabama factory. An unspecified number of employees in the two companies will be laid off as a result. The alliance does not include commercial launches, nor the development of EELV-derived vehicles that may be used by NASA's Vision for Space Exploration. The two companies had been bitter rivals in recent years, in part because of allegations that Boeing employees accessed confidential Lockheed Martin documentation during the EELV bidding process in the late 1990s. Both companies agreed to dismiss claims against one another related to that dispute as one of the terms of the joint venture.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
NASA to launch Nancy Grace Roman Space Telescope in September
Posted: Sat, Apr 25 10:54 AM ET (1454 GMT) |
|
news links
|
|
Sunday, April 26
OCCAM Space and The Exploration Company Partner on Separation System for Nyx Capsule
Occam Space — 11:55 am ET (1555 GMT) New simulations reveal the cold, dusty reality of galaxy formation
Netherlands Research School for Astronomy — 11:55 am ET (1555 GMT) MDA Space unveils space control platform MDA Midnight™, designed to defend and protect the space domain
PR Newswire — 11:54 am ET (1554 GMT) Voyager Unlocks Satellite Propulsion Production at Scale
Voyager Space — 11:53 am ET (1553 GMT) Sceye Completes Historic 12-Day, 6,400 Mile Stratospheric Flight, Advancing a New Layer of Infrastructure for Humanity
PR Newswire — 11:51 am ET (1551 GMT) |
