Boeing, Lockheed in Talks to Sell Rocket Venture ULA to Sierra Space

Boeing and Lockheed Martin are discussing the sale of their joint venture, United Launch Alliance (ULA), to Sierra Space. The deal, potentially valued between $2 billion and $3 billion, would see the major U.S. government launch provider changing hands from two large defense contractors to a smaller private firm. While not finalized and following previous unsuccessful sale attempts, this decision reflects a potential shift in the U.S. space launch industry. Sierra Space, known for its Dream Chaser spaceplane and collaboration with Blue Origin, sees this as a strategic move to accelerate its spaceflight ambitions by gaining control over launch capabilities. For Boeing, this signifies a focus shift towards its core businesses under new leadership. ULA, formed to consolidate Boeing and Lockheed`s rocket businesses, faces competition from SpaceX, prompting the development of its new Vulcan rocket.