Reuters
Aerojet Rocketdyne Holdings Inc (AJRD.N) submitted a $2 cash billion offer to buy United Launch Alliance (ULA), a satellite launch provider jointly held by Lockheed Martin Corp (LMT.N) and Boeing Co (BA.N), sources familiar with the matter said Tuesday, a deal that would further consolidate the space business.
The United States is launching another spy satellite on a secret mission early Saturday morning (Oct. 7).
Lockheed Martin Space Systems reported increased profit in its fiscal first quarter April 25 thanks in part to increased earnings from its stake in ULA.
When the private spaceflight company launches the National Reconnaissance Office (NRO) satellite, designated NROL-76, a 10-year stretch where every U.S. military and national security satellite was launched by United Launch Alliance (ULA) will end.