Report: Pentagon to recommend approval of ULA
Posted: Sat, Mar 18, 2006, 9:15 AM ET (1415 GMT)
Top Defense Department officials have reportedly recommended that the federal government approve the formation of the United Launch Alliance, a merger of Boeing and Lockheed Martin's launch units. Reuters, citing an analyst with insight into the Pentagon approval progress, reported late Friday that top DOD officials have given the ULA "conditional backing", but plan to "aggressively manage" the joint venture. The Pentagon gave those recommendations in a meeting with the Federal Trade Commission (FTC), where the ultimate decision to approve the ULA rests. DOD officials confirmed that they met with the FTC Friday, but declined to publicly disclose their recommendations. The ULA, announced in May 2005, would combine the government launch services units of Boeing and Lockheed, consolidating management at Lockheed's Colorado offices and manufacturing at Boeing's Alabama factory. The two companies originally expected to win regulatory approval for the ULA by the end of 2005, but have been delayed by the extended government review. Another launch company, SpaceX, has filed a lawsuit in a bid to block the ULA's creation, but their initial lawsuit was dismissed by a federal court last month.
Top Defense Department officials have reportedly recommended that the federal government approve the formation of the United Launch Alliance, a merger of Boeing and Lockheed Martin's launch units. Reuters, citing an analyst with insight into the Pentagon approval progress, reported late Friday that top DOD officials have given the ULA "conditional backing", but plan to "aggressively manage" the joint venture. The Pentagon gave those recommendations in a meeting with the Federal Trade Commission (FTC), where the ultimate decision to approve the ULA rests. DOD officials confirmed that they met with the FTC Friday, but declined to publicly disclose their recommendations. The ULA, announced in May 2005, would combine the government launch services units of Boeing and Lockheed, consolidating management at Lockheed's Colorado offices and manufacturing at Boeing's Alabama factory. The two companies originally expected to win regulatory approval for the ULA by the end of 2005, but have been delayed by the extended government review. Another launch company, SpaceX, has filed a lawsuit in a bid to block the ULA's creation, but their initial lawsuit was dismissed by a federal court last month.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
|
|
news links
|
|
Tuesday, September 30
U.S. Trying To Seal Leaks To China's Space Program
Forbes.com — 7:40 pm ET (2340 GMT) Governor urges voters to support spaceport tax
AP — 7:35 pm ET (2335 GMT) Snow Falling From Martian Atmosphere
Voice of America — 7:33 pm ET (2333 GMT) SpaceX Private Rocket Blazes Post-Shuttle Trail
TechNewsWorld — 7:32 pm ET (2332 GMT) Senate would require NASA to upgrade IT
Federal Computer Week — 7:31 pm ET (2331 GMT) |