The Pentagon’s proposed “block buy” of Evolved Expendable Launch Vehicles (EELV) from United Launch Alliance (ULA) will perpetuate a “long-term, high-cost monopoly” and will “seriously inhibit” the prospects for effective competition in the launch market, according to Orbital Sciences Corp. [ORB] CEO David Thompson. Thompson said yesterday in a letter to Senate Armed Services Committee Chairman Carl Levin (D-Mich.) and Ranking Member John McCain (R-Ariz.) the government subsidizing of ULA, a partnership between Boeing [BA] and Lockheed Martin [LMT], obscures…
Orbital Sciences CEO Criticizes DoD’s Proposed ‘Block Buy’ Of EELVs From ULA
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