Boeing, Lockheed Martin Reportedly in Talks to Sell Rocket-Launch Firm ULA to Sierra Space
Per Reuters, people familiar with the discussions have said that a deal could value ULA at around $2 billion - $3 billion.
(Washington, D.C.) Per Reuters on Friday, August 16th, , Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are in talks to sell their rocket-launching joint venture United Launch Alliance (ULA) to Sierra Space, two people familiar with the discussions said.
Photo of United Launch Alliance’s Vulcan Rocket, which will be used for ULA’s upcoming Cert2 mission, courtesy of United Launch Alliance’s (ULA) Instagram account, @ulalaunch.
A deal could value ULA at around $2 billion to $3 billion, the sources said, per Reuters.
ULA is a major provider of launch services to the U.S. government and a top rival to Elon Musk’s SpaceX.
Per Reuters, ULA referred Reuters to Boeing and Lockheed for comment; both companies told Reuters that the do not comment on market speculation, and Sierra Space did not return a request for comment.
ULA launched its most recent mission on July 30th via an Atlas V rocket, marking the last national security space launch for a member of the Atlas rocket family – as ULA transitions to its next generation Vulcan rocket for continued access to space – and the 100th national security mission for ULA.
In December of 2023, ULA reportedly received buyout bids from Jeff Bezos’s Blue Origin and Cerberus, Stephen Feinberg’s private equity giant. Neither bid resulted in a sale.
