By Joey Roulette
ORLANDO, Fl. (Reuters) - The U.S. Air Force on Wednesday said that it had awarded a total $2.3 billion in contracts to develop rocket launch systems for national security missions.
The awards go to Amazon.com billionaire Jeff Bezos' Blue Origin; United Launch Services, part of the United Launch Alliance (ULA) joint venture between Boeing Co and Lockheed Martin Corp; and Northrop Grumman Innovation Systems.
The three contracts are part of a Department of Defense initiative to assure constant military access to space and curb reliance on foreign-made rocket engines, like ULA's flagship Atlas V rocket that uses Russian-made RD-180 boosters. The contracts are to develop rockets and carry defence payloads into space.
Centennial, Colorado-based United Launch Services received $967 million to develop its Vulcan rocket; Kent, Washington-based Blue Origin was awarded $500 million to build its New Glenn booster, and Northrop Grumman of Arizona received $791.6 million for its OmegA rocket.
Blue Origin's and Northrop's prototype vehicles for military launches are expected to be ready to fly by late 2024 and ULA's Vulcan rocket development should be completed by March 2025.
Blue Origin said in a statement following Wednesday's announcement that it will build a launch site at the Vandenberg Air Force Base in California, although it did not say what rockets would launch from the site. ULA announced in September that its Vulcan rocket will be powered by Blue's BE-4 liquid rocket engines.
(Reporting by Joey Roulette, Editing By Peter Henderson and Rosalba O'Brien)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
