Speaking at a San Francisco conference on Tuesday, Boeing Chief Financial Officer James Bell proclaimed optimism that the proposed merger of Boeing and Lockheed Martin space launch services would go through. The Air Force and the Federal Trade Commission recently questioned whether projected savings would indeed materialize. (DR, 9/15/05) Bell believes federal regulators will approve the United Launch Alliance by next year.
A new report from the Government Accountability Office calls for the Pentagon’s Chief Technology Officer to have budget certification authority over the military services’ research and development accounts—a move the services say would add a burdensome and unnecessary layer of bureaucracy.
