Get the latest tech news

Boeing, Lockheed Martin Consider Selling ULA Space Launch Business


This weekend NASA said they'd turn to SpaceX to return two astronauts from the International Space Station, notes the Associated Press, "rather than risk using the Boeing Starliner capsule that delivered them." (They add that Boeing's capsule "has been plagued by problems with its propulsion system....

This weekend NASA said they'd turn to SpaceX to return two astronauts from the International Space Station, notes the Associated Press, "rather than risk using the Boeing Starliner capsule that delivered them." ")But Reuters reported that even before the setback, Boeing and Lockheed Martin were " in talks to sell their rocket-launching joint venture United Launch Alliance to Sierra Space, two people familiar with the discussions said." In 2019, Boeing and Lockheed Martin reportedly explored selling ULA but couldn't agree on terms with potential buyers... Jeff Bezos' Blue Origin and Cerberus Capital Management had placed bids in early 2023 for the company, according to people familiar with the negotiations.

Get the Android app

Or read this on Slashdot

Read more on:

Photo of Boeing

Boeing

Photo of martin

martin

Photo of lockheed martin

lockheed martin

Related news:

News photo

New Boeing CEO Faces Hard Choices After NASA Snubs Starliner for SpaceX

News photo

NASA's Starliner decision was the right one, but it's a crushing blow for Boeing

News photo

SpaceX Crew Dragon capsule to return Boeing Starliner crew to Earth