Jeff Bezos' Blue Origin Secures Bid Alongside Elon Musk's SpaceX, ULA For $5.6B Pentagon Rocket Program
Portfolio Pulse from Benzinga Neuro
The Pentagon has awarded contracts under its $5.6 billion National Security Space Launch (NSSL) program to Blue Origin, SpaceX, and United Launch Alliance (ULA), a joint venture of Lockheed Martin and Boeing. These companies will compete for contracts until mid-2029 under NSSL Phase 3 Lane 1.
June 14, 2024 | 1:59 am
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Boeing, as part of ULA, has secured a contract under the Pentagon's $5.6 billion NSSL program, allowing it to compete for contracts until mid-2029.
Boeing, through its joint venture ULA, will benefit from the opportunity to compete for significant contracts under the NSSL program, potentially boosting its revenues.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Lockheed Martin, as part of ULA, has secured a contract under the Pentagon's $5.6 billion NSSL program, allowing it to compete for contracts until mid-2029.
Lockheed Martin, through its joint venture ULA, will benefit from the opportunity to compete for significant contracts under the NSSL program, potentially boosting its revenues.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
While Tesla is not directly involved, Elon Musk's SpaceX securing a contract under the Pentagon's $5.6 billion NSSL program could have indirect positive effects on Tesla's stock.
Elon Musk's success with SpaceX could positively influence investor sentiment towards Tesla, given Musk's leadership in both companies.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 30