Blue Origin, Cerberus looking to buy rocket firm United Launch Alliance - WSJ - News Summed Up

Blue Origin, Cerberus looking to buy rocket firm United Launch Alliance - WSJ


(Reuters) -Jeff Bezos' Blue Origin and private equity firm Cerberus are among companies that have shown interest in buying rocket company United Launch Alliance (ULA), the Wall Street Journal reported on Thursday, citing sources familiar with the matter. Lockheed Martin and Boeing have equal ownership in ULA, which makes one of the launch vehicles for Amazon.com's satellite internet network, Kuiper. "If I were buying a space business, I'd go look at ULA," its CEO Tory Bruno told Bloomberg News in October. Private equity firms have been showing interest in space companies that have exposure to government contracts, a segment dominated by Elon Musk's SpaceX. Blue Origin, Cerberus, Textron, and Lockheed Martin did not immediately respond to Reuters' requests for comment, while Boeing declined to comment.


Source: Wall Street Journal December 21, 2023 13:15 UTC



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