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Bezos' Blue Foundation joins SpaceX, ULA in profitable bids for $5.6 billion Pentagon rocket program

Bezos' Blue Foundation joins SpaceX, ULA in profitable bids for .6 billion Pentagon rocket program
June 14, 2024



A mass simulator model of a New Glenn rocket is moved for checking out in November 2021.Blue OriginThe Pentagon introduced the primary profitable bidders in its rocket release contract sweepstakes on Thursday, with Jeff Bezos’ Blue Foundation grabbing a place for the primary time.Blue Foundation’s profitable bid got here as a part of contracts awarded below the Pentagon’s $5.6 billion Nationwide Safety House Release program.Elon Musk’s SpaceX and United Release Alliance – often referred to as ULA, the three way partnership of Lockheed Martin and Boeing – have been additionally awarded contracts as a part of the multi-year 3rd segment of the NSSL program.Blue Foundation, SpaceX, and ULA didn’t instantly reply to CNBC requests for remark.Below this system, referred to as NSSL Segment 3 Lane 1, the trio of businesses shall be eligible to compete for contracts via mid-2029.ULA and SpaceX have already been competing for contracts below the former Segment 2 version of NSSL: In overall, over 5 years of Segment 2 release orders, the army assigned ULA with 26 missions value $3.1 billion, whilst SpaceX were given 22 missions value $2.5 billion.Blue Foundation, in addition to Northrop Grumman, overlooked out on Segment 2 when the Pentagon decided on ULA and SpaceX for this system in August 2020.A Falcon Heavy rocket launches the U.S.-67 project from NASA’s Kennedy House Middle in Florida, Jan. 15, 2023.SpaceXBut with Segment 3, the U.S. army is elevating the stakes — and widening the sector — on a high-profile pageant for House Pressure project contracts. Segment 3 is predicted to peer 90 rocket release orders in overall, with a cut up manner of classes Lane 1 and Lane 2 to permit much more firms to bid.House Pressure defined a “mutual fund” technique to shopping for launches from firms below Segment 3: The army department cut up this system into two lanes, with a purpose to have one that includes 3 firms pleasant essentially the most hard and costly missions, and the opposite that

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