Senior U.S. Air Force officials on Tuesday said they favored competition for military rocket launches, but the Air Force needed to stick to its high standards in certifying the Falcon 9 rocket, built by privately-held Space Exploration Technologies.SpaceX is working through a detailed certification process with the Air Force for its Falcon 9 satellite so it can compete with United Launch Alliance (ULA), a joint venture of Boeing Co and Lockheed Martin Corp, to launch a National Reconnaissance Office spy satellite and other satellites.The company has also sued the Air Force to get a larger share of the 36 launches now promised to ULA.The issue has taken on new urgency this year after Russia's actions in Ukraine raised concerns about ULA's reliance on Russian-built RD-180 rocket engines for its Atlas 5 rockets.
The Boeing Company (Boeing) is an aerospace company. Shares of BA traded higher by 0.8% or $1.01/share to $127.32. In the past year, the shares have traded as low as $113.26 and as high as $144.57. On average, 4344260 shares of BA exchange hands on a given day and today's volume is recorded at 3379089.
Lockheed Martin Corporation is a global security and aerospace company engaged in the research, design, development, manufacture, integration, and sustainment of technology systems and products. Shares of LMT traded higher by 0.91% or $1.59/share to $177.19. In the past year, the shares have traded as low as $121.52 and as high as $177.19. On average, 1195490 shares of LMT exchange hands on a given day and today's volume is recorded at 1186991.
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