Blue Origin, Cerberus looking to buy rocket firm United Launch Alliance - WSJ

Blue Origin, Cerberus looking to buy rocket firm United Launch Alliance – WSJ

  • :Jeff Bezos’ Blue Origin and private equity firm Cerberus are among companies that have shown interest in buying rocket company United Launch Alliance (ULA), the Wall Street Journal reported on Thursday, citing sources familiar with the subject.
  • Lockheed Martin and Boeing have joint ownership in ULA, which makes one of the launch vehicles for Amazon.com’s satellite internet network, Kuiper.
  • Business jet maker Textron has also expressed interest in ULA, the report said adding that a bidding price could not be decided and a deal may not materialize.
  • “If I were buying a space business, I’d go look at ULA,” its CEO Tory Bruno told Bloomberg News in October.
  • ULA has faced delays in the development of its new rocket named Vulcan Centaur, which will take Astrobotic’s Peregrine lunar lander in its first launch in January. Blue Origin’s BE-4 engine powers the spacecraft’s first stage.
  • Private equity firms have been showing interest in space companies that have exposure to government contracts, an area dominated by Elon Musk’s SpaceX.
  • The U.S. Space Force has assigned 21 launches to SpaceX and ULA worth about $2.5 billion, CNBC reported in November, with the Boeing-Lockheed Martin joint venture getting 11 missions valued at $1.3 billion.
  • Blue Origin, Cerberus, Textron, and Lockheed Martin did not quickly respond to Reuters’ requests for comment, while Boeing declined to comment.

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