Boeing, Lockheed May Be Cut From Program
From Bloomberg News
Either Boeing Co. or Lockheed Martin Corp. may be dropped as a cost-cutting measure from a program to develop a booster rocket for U.S. military satellites, according to Pentagon budget documents.
The Pentagon is reviewing whether to drop one company after 2004. Each has invested more than $1 billion in developing the rocket, which will be the military’s primary means for launching weather, communications, reconnaissance, eavesdropping and global-positioning satellites.
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