Pentagon selects Blue Origin, SpaceX, and ULA for rocket launch contracts

From Investing.com: 2024-06-13 19:00:49

The U.S. Department of Defense selected Blue Origin, SpaceX, and ULA to compete for national security space missions under a $5.6 billion award program. Seven companies bid for entry into the program, with the first three selections kicking off competition in the lucrative National Security Space Launch Phase 3 procurement program.

SpaceX and ULA have been the Pentagon’s primary rocket launch providers, but Phase 3 aims to bring more companies into the fold for upcoming missions. Blue Origin is entering the competitive space arena with its New Glenn rocket, while SpaceX continues to dominate with its Falcon 9 and Starship rockets.

ULA’s Atlas 5 rocket is near retirement, with the Vulcan rocket poised to take its place. The delayed second mission of Vulcan is crucial for Pentagon certification. The Pentagon’s Phase 3 program includes Lane 1 for specialized rockets, with more companies like Rocket Lab expected to be added later.

The U.S. Space Force allocated $5 million to Blue Origin for assessing launch requirements, while SpaceX and ULA received $1.5 million each. Lane 2 awards, expected in autumn, will focus on companies capable of meeting a wider range of national security mission requirements, favoring experienced players like SpaceX and ULA.



Read more at Investing.com: Blue Origin, SpaceX and United Launch Alliance picked for Pentagon rocket launch contracts By Reuters