Posted on 09/10/2015 11:36:35 AM PDT by BenLurkin
ULA was formed in 2006 as a 50:50 joint venture between aerospace giants Lockheed Martin and Boeing that combined their existing expendable rocket fleet families – the Atlas V and Delta IV – under one roof.
According to Reuters, Aerojet Rocketdyne recently proffered a $2 billion cash offer to buy ULA from Lockheed Martin and Boeing.
“Aerojet Rocketdyne board member Warren Lichtenstein, the chairman and chief executive of Steel Partners LLC, approached ULA President Tory Bruno and senior Lockheed and Boeing executives about the bid in early August,” sources told Reuters.
ULA’s Bruno declined to comment on the story via twitter.
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Aerojet-Rocketdyne currently is a major supplier to ULA by providing first and second stage engines for use in the Atlas V and Delta IV rockets. They also manufacture the Space Shuttle Main Engines now being repurposed as the RS-25 to serve as first stage engines for NASA’s mammoth new SLS deep space rocket.
Since 2006 ULA has enjoyed phenomenal launch success with its venerable fleet of Atlas V and Delta IV rockets and also enjoyed a virtual launch monopoly with the US Government and for the nations most critical national security military payloads.
And just last week, ULA conducted its 99th launch with the successful blastoff of an Atlas V with the MUOS-4 military communications satellite from Cape Canaveral Air Force Station for the U.S. Navy. But the recent emergence of rival SpaceX – founded by billionaire Elon Musk – with the lower cost Falcon 9 rocket and the end of the ULA’s launch monopoly for high value military and top secret spy satellites has the potential to undermine ULA’s long term business model and profitability. In May, the US Air Force certified the SpaceX Falcon 9 for national security payload launches.
(Excerpt) Read more at universetoday.com ...
Translation: screw Blue Origin.
Jeff can use his own BE-4’s....
This won’t be as easy as buying a used car.
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