LMT - SpaceX Overtakes ULA In Military Space Missions As Vulcan Centaur Rocket Experiences Delays | Benzinga
United Launch Alliance (ULA), once the primary choice for Pentagon satellite launches, is facing tough competition from SpaceX, the company founded by Elon Musk.
Over the past decade, SpaceX has become the leading partner for U.S. military space missions, challenging ULA’s dominance.
ULA, a joint venture between Boeing Co (NYSE:BA) and Lockheed Martin Corp (NYSE:LMT), is attempting to regain its status by resolving issues with its new Vulcan Centaur rocket.
Delays have put ULA years behind schedule, drawing scrutiny from Congress and the Pentagon, who seek multiple capable companies for national security launches.
ULA’s Vulcan ...