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Sale of United Launch Alliance is nearing its end, with three potential buyers

Posted on November 14, 2023 by Xordac Prime
ULA's Vulcan rocket rolls to the launch pad for testing.

Enlarge / ULA’s Vulcan rocket rolls to the launch pad for testing. (credit: United Launch Alliance)

Lockheed Martin and Boeing are close to selecting a buyer for United Launch Alliance, two sources told Ars. The jointly owned rocket company, which was founded in 2006 and for a time had a monopoly on US government launch contracts, has been up for sale most of this year.

The sources say three buyers have emerged for the Colorado-based launch company. These include a private equity fund, the Jeff Bezos-owned space company Blue Origin, and a well-capitalized aerospace firm that is interested in increasing its space portfolio.

There is precedent for a private equity firm—typically a group of investors that purchases a company, overhauls it, and then resells the business—buying a launch company. In early 2022, AE Industrial Partners acquired the launch and space services company Firefly.

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Source: Ars Technica – Sale of United Launch Alliance is nearing its end, with three potential buyers

This entry was posted in Ars Technica, Unfiltered RSS and tagged Ars Technica by Xordac Prime. Bookmark the permalink.
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