Wednesday, September 16, 2015

Boeing: We're not Selling United Launch Alliance



Two senior Boeing executives, speaking Sept. 16 at conferences on separate continents, said the company is not seriously considering Aerojet Rocketdyne Holding’s $2 billion offer for United Launch Alliance, the government launch contractor Boeing jointly owns with Lockheed Martin.

“ULA is a huge part of our strategic portfolio going forward along with our satellites and manned space business. This bid we’ve really not spent much time on it at all because we’re focusing on a totally different direction,” Chris Chadwick, president and chief executive officer of Boeing Defense, Space & Security told reporters Sept. 16 at the Air Force Association’s annual technology expo in National Harbor, Maryland.

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