The Countdown Clock is Ticking for ULA

Boeing, Lockheed venture faces March 31 deadline, Reuters

"Spokesmen for Lockheed and Boeing say the companies remain committed to the United Launch Alliance venture first announced 10 months ago, and said the contract clause could be extended. But defense consultant Loren Thompson of the Lexington Institute said the long delay in approval for the merger had left executives at both firms with some second thoughts. "Pentagon regulators have taken so long to review the proposal that I think managers at both companies are beginning to grow ambivalent about the transaction," he said."

Lockheed-Boeing rocket deal has escape hatch, Denver Post

"A contract clause in Lockheed Martin and Boeing's proposed merger of military rocket- launch operations allows either company to terminate the deal if it doesn't win regulatory approval by March 31."

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This page contains a single entry by Keith Cowing published on March 8, 2006 9:42 AM.

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