It looks like the merger for Lockheed Martin and Boeing launch services—United Launch Alliance—will not happen before year’s end. The Washington Post reports there are still snags with the FTC and Pentagon. The rework the two companies did on their FTC filing has not answered all questions.
The emphasis on speed in the Pentagon’s newly unveiled slate of acquisition reforms may come with increased near-term cost increases, analysts say. But according to U.S. defense officials, the new weapons-buying construct provides the military with enough flexibility to prevent runaway budget overruns in major programs.
