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 Pentagon awarded a contract worth over $2 billion for the next batch of F-35 engines to Pratt & Whitney on June 5. The deal for Lot 17 F135 engines, totaling $2.02 billion, is expected to be completed by December 2025.