Trending

Stories

U.S. Air Force Provides a $640 Million-split Between SpaceX and United Launch Alliance

Must Read

Aniruddha Paul
Aniruddha Paul
Writer, passionate in content development on latest technology updates. Loves to follow relevantly on social media, business, games, cultural references and all that symbolizes tech progressions. Philosophy, creation, life and freedom are his fondness.

The United States Air Force has found a couple of satellite launch providers on a long-term basis. These are SpaceX and United Launch Alliance, which are sharing the $640 million in contracts. It is a strategic choice by the American Uniformed service provider. On the one hand, SpaceX is a fresh and independent organization being prospective with economic visions. On the other, ULA (a joint venture of Lockheed Martin and Boeing Defense) has a long military legacy,’ as WSJ puts it.

The US government recently announced procurement plans, based on which it has implemented the Air Force announcement of the split-venture. The awards are a part of their ongoing efforts to be more economical and have access to space launch missions with two or more service providers in the field.

Also Read

The SpaceX United Launch Alliance joint venture is on course to develop a low-cost rocket family for more effective missions in the future. However, it will take about three to four years to reach the point where routine flights are possible.

Pentagon and Congress said that they will support the two launch providers by supporting transition policies, as these will allocate launches for both equally.

SpaceX is pleased with the Air Force’s decision to select us for all five of the GPS [launches] competed to date. – Gwynne Shotwell, President and COO of SpaceX

Tory Bruno, President and CEO of ULA, revealed that it is developing its next-gen rocket named Vulcan. Several of the venture’s major subcontractors are to further invest in essential technologies.

Presently, ULA is coming up with about half launches of the same by SpaceX annually. Therefore, the gradual increment of launches over the years can be expected, which will underline the joint venture’s success.

Stay with us for the next update of the space world as it surfaces.

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Related

- Advertisement -
- Advertisement -
Nothing Phone (2) Confirmed for India Production Fitbit Integration with Google Accounts Begins Xiaomi 13 Ultra Global Launch: Offers, Price, Specs Meta Unveils Quest 3 VR Headset, Reduces Price for Quest 2 Foxconn to Manufacture iPhones in Karnataka, India: Creating 50,000 Jobs Amazon Echo Pop: Stylish Semi-Sphere Smart Speaker in India Redmi Display A27: Affordable 27 Inches Monitor with 100Hz Refresh Apple Music Classical App Now Available on Android WhatsApp’s Companion Mode: Same Account, Multiple Devices Nvidia & MediaTek Collaborate on Connected Car Tech
Nothing Phone (2) Confirmed for India Production Fitbit Integration with Google Accounts Begins Xiaomi 13 Ultra Global Launch: Offers, Price, Specs Meta Unveils Quest 3 VR Headset, Reduces Price for Quest 2 Foxconn to Manufacture iPhones in Karnataka, India: Creating 50,000 Jobs Amazon Echo Pop: Stylish Semi-Sphere Smart Speaker in India Redmi Display A27: Affordable 27 Inches Monitor with 100Hz Refresh Apple Music Classical App Now Available on Android