The Launch Merger Inches Forward: Boeing and Lockheed Martin have a Federal Trade Commission-approved draft agreement that would permit the two companies to proceed with their plan to merge rocket launch services into a new venture, the United Launch Alliance. However, there are conditions. Both companies are reviewing the agreement provisions.
House, Senate Unveil Competing Proposals for 2026 Budget
July 11, 2025
Lawmakers from the House and Senate laid out competing versions of the annual defense policy bill on July 11, with vastly different potential outcomes for some of the Air Force’s most embattled programs.