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
|
|
|
|
news links
|
|
Friday, August 28
Watch live: BepiColombo begins its arrival at Mercury
ESA — 5:08 am ET (0908 GMT) York Space Systems to Present at Jefferies Global Industrials Conference
Business Wire — 5:06 am ET (0906 GMT) Elon Musk workers descend on Aussie island for secretive SpaceX mission
Yahoo! News — 5:05 am ET (0905 GMT) Questions raised concerning effects of announced Vermilion Parish SpaceX facility on area wildlife
Louisiana Radio Network — 5:05 am ET (0905 GMT) USAF: Our Starbase Louisiana is not affiliated with SpaceX
KATC-TV Lafayette, LA — 5:02 am ET (0902 GMT) |
