September 19, 2015

SPACE: Good News for Bezos Rocket Biz as Boeing Rejects Takeover. “Jeff Bezos just got some good news: a Boeing spokesperson told Reuters that the company will reject a $2 billion bid for United Launch Alliance, the rocket-launching company that it co-owns with Lockheed Martin. That’s good for Bezos because the bidder was Aerojet Rocketdyne, which competes with his rocket-making company Blue Origin. Last year Blue Origin inked a deal to build engines for ULA’s Vulcan launching system, a deal it just expanded last week. Had Aerojet Rocketdyne taken over ULA, it’s possible the company would have opted to use its own engines instead of Blue Origin’s.”

InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.