Boeing: We’re Not Selling ULA

Orion Exploration Flight Test launch. (Credit: NASA)
Orion Exploration Flight Test launch. (Credit: NASA)

Boeing didn’t take Aerojet Rocketdyne’s $2 billion bid for United Launch Alliance (ULA) very seriously. Boeing co-owns ULA on a 50-50 basis with Lockheed Martin.

Boeing’s top defense official said the company has no interest in selling off the United Launch Alliance (ULA), despite a bid by Aerojet Rocketdyne to buy the company.

Chris Chadwick, president and chief executive officer of Boeing Defense, Space & Security, said ULA will be “a huge part of our portfolio going forward” and that there was “no serious consideration” given to the bid offer, reportedly for $2 billion.

“This bid, we’ve really not spent much time on it at all, because we’re focusing in a totally different direction,” he said.

A Lockheed spokesman declined to respond to Chadwick’s comments, and an Aerojet representative did not respond by deadline.

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