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Lockheed-Boeing venture says will not bid for US GPS satellite launch

November 16, 2015

United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co, on Monday said it would not bid for the next U.S. Air Force global positioning system (GPS) satellite launch, effectively ceding the competition to privately held SpaceX.

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Congressional prohibition on the use of Russian rocket engines for Defense Department launches after Russia’s annexation of Crimea from Ukraine has left ULA with no way to bid on missions that had previously been its bread and butter.

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