ULA deal finally closes
Posted: Fri, Dec 1, 2006, 6:11 PM ET (2311 GMT)
The merger of the government operations of the nation's two largest launch vehicle companies finally closed on Friday, over a year and a half after it was initially proposed. The United Launch Alliance (ULA) combines the government launch operations of Lockheed Martin, developer of the Atlas 5, and Boeing, developer of the Delta 2 and 4. The ULA was first proposed in May 2005 but was delayed by an extended antitrust review by the federal government. The Federal Trade Commission finally approved the ULA this fall, concluding that the national security benefits of the merger outweighed any monopoly concerns. ULA will be headquartered in Denver, where Lockheed has its launch vehicle operations, with manufacturing of both Atlas and Delta vehicles to be consolidated at Boeing's factory in Alabama.
The merger of the government operations of the nation's two largest launch vehicle companies finally closed on Friday, over a year and a half after it was initially proposed. The United Launch Alliance (ULA) combines the government launch operations of Lockheed Martin, developer of the Atlas 5, and Boeing, developer of the Delta 2 and 4. The ULA was first proposed in May 2005 but was delayed by an extended antitrust review by the federal government. The Federal Trade Commission finally approved the ULA this fall, concluding that the national security benefits of the merger outweighed any monopoly concerns. ULA will be headquartered in Denver, where Lockheed has its launch vehicle operations, with manufacturing of both Atlas and Delta vehicles to be consolidated at Boeing's factory in Alabama.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
FAA restricts hours for commercial launches during shutdown
Posted: Sun, Nov 9 9:05 AM ET (1405 GMT) China postpones Shenzhou-20 return on orbital debris concerns
Posted: Sun, Nov 9 8:58 AM ET (1358 GMT) |
|
news links
|
|
Sunday, November 9
Solar Foods to develop Solein production technology for testing onboard the International Space Station
Solar Foods — 10:31 am ET (1531 GMT) Vodafone IoT Partners with Iridium to Provide its Customers with NTN NB-IoT Connectivity
Iridium — 10:27 am ET (1527 GMT) Astralintu secures Ecuador’s first ever private investment in the space industry from Grupo Futuro
Astralintu — 10:24 am ET (1524 GMT) Geopolitical Shifts and AI Reshapes Earth Observation Market
Novaspace — 10:23 am ET (1523 GMT) SWISSto12’s Advances Mission Control Capabilities for HummingSat Launches and Orbit Raise Operations
SWISSto12 — 10:21 am ET (1521 GMT) |
