- NASA Watch
- May 21, 2023
Boeing & Lockmart's Slow Motion Shotgun Marriage Fading?
Boeing to settle federal suits for $615 million: WSJ, Reuters
“The Chicago-based defense contractor has been the subject of government investigations into the recruitment of a U.S. Air Force weapons buyer while she still had oversight of the billions of dollars in Boeing contracts, and the appropriation of secret information on Lockheed Martin Corp. rocket programs.”
Pentagon says Boeing, Lockheed merger review complex, Reuters
“Difficult market conditions first drove the Pentagon and NASA to propose that the two rival companies merge their rocket launch units, but keep separate rockets in production, said Thompson, of the Lexington Institute. But he noted that the officials involved with that recommendation had since left office, and government lawyers were now imposing onerous conditions on the merger, including requirements for investment levels and pension commitments, that threatened to undermine the business case for the deal.”