Free Republic

NASA's picture-perfect Orion launch to Mars was all the rage last week. Praise was heaped upon key NASA contractors Boeing (NYSE: BA ) and Lockheed Martin (NYSE: LMT ) -- and deservedly so. Between Orion's success, and the companies' announcement that their United Launch Alliance joint venture will develope a "next-generation liquid oxygen/hydrocarbon first stage" rocket to power launches to near-Earth orbit, Boeing and Lockheed are on a hot streak. But amid all the hullaballoo at ULA, you might have forgotten there's another space launch company that is building even more innovative products. Its name is SpaceX. It goes up,...

A U.S. Court of Federal Claims judge issued an injunction late Wednesday prohibiting a joint venture between Lockheed Martin and Boeing from proceeding with plans to buy Russian-made rocket engines. SpaceX sued the federal government Monday, protesting the Air Force’s award of a lucrative space contract, saying it should have been competitively bid. In the suit, SpaceX criticizes United Launch Alliance (ULA) for using Russian engines in some of its rockets, which SpaceX founder Elon Musk said might be a violation of U.S. sanctions and was unseemly at a time when Russia “is the process of invading Ukraine.” Musk alleged...

Two top secret National Reconnaissance Office (NRO) ocean surveillance spacecraft were fired into the wrong orbit June 15 when the 200-foot-tall Atlas V rocket they were riding on stopped firing too early in space following launch from Cape Canaveral, Fla. The top secret satellites separated safely from the malfunctioning booster, however, and have enough rocket propellant to continue their mission, an official said on background. The U.S. Air Force, which managed the Atlas V launch, and the NRO have begun an official investigation into the launch and malfunction. The $83 million Atlas V used in the launch is a model...

The European Commission has cleared under the EU Merger Regulation the proposed United Launch Alliance ("ULA") joint venture between the US Defence and Space contractors Lockheed Martin and Boeing. The investigation has shown that the proposed transaction will not significantly impede effective competition in the European Union. Both Boeing and Lockheed provide space launch services to governmental and commercial customers. Lockheed is active on the market with its Atlas family of launch vehicles as well as with Proton, a launcher produced in a joint venture with Russian partners. Boeing offers the Delta launch vehicles as well as launchers produced by...

Boeing, Lockheed Martin to Form Launch Services Joint Venture Lowers Cost to the Government Maintains Assured Access to Space Enhances ReliabilityProvides Full Cost Visibility CHICAGO, and BETHESDA, MD – May 2, 2005 – The Boeing Company (NYSE: BA) and Lockheed Martin Corporation (NYSE: LMT) have entered into an agreement to create a joint venture that will combine the production, engineering, test and launch operations associated with U.S. government launches of Boeing Delta and Lockheed Martin Atlas rockets. The joint venture, named United Launch Alliance, will reduce the cost of meeting the critical national security and NASA expendable launch vehicle...