Two mainstay U.S. launch companies—United Launch Alliance (ULA) and Aerojet Rocketdyne—are struggling to keep their edge in a changing government market that is increasingly interested in contractors backed by private investors. While fighting its own battle against a privately funded SpaceX to retain its hold on the U.S. national security launch arena, ULA is, in turn, taking advantage of Blue Origin’s funding to build its next-generation propulsion subsystem for the new ...

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