Blue Origin Bids to Acquire United Launch Alliance
The deal could bolster Jeff Bezos's company in the competition for federal launch contracts.
- Blue Origin, owned by Jeff Bezos, is reportedly making a bid to acquire United Launch Alliance (ULA), a joint venture between Boeing and Lockheed Martin.
- ULA was once the main launch provider for the federal government before SpaceX entered the market in 2014.
- ULA's next-gen rocket, the Vulcan Centaur, has faced development delays and its inaugural launch has been pushed back to early 2024.
- In November, ULA was awarded a contract for 11 military launches beginning in 2025, making it an attractive prospect for Blue Origin.
- The value of the proposed deal to buy ULA is estimated to be between $2 billion to $3 billion.