Europe's Arianespace launch services consortium is squeezing cost out of its big new Ariane 5 booster in an effort to be one of the players still standing after a likely shakeout in the international space launch industry, according to Jean-Marie Luton, Arianespace chairman and CEO. Speaking to reporters in Washington Friday, Luton said he expects the two new Evolved Expendable Launch Vehicles (EELVs) under development by Boeing and Lockheed Martin under a Pentagon initiative to ...


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