The Department of Defense obligated more than $4B on “other transaction” agreements in the first seven months of fiscal year 2019 and could record $7B or more in OTA obligations by the end of FY 2019, Bloomberg Government reported Thursday.
Boeing (NYSE: BA) and Lockheed Martin‘s (NYSE: LMT) joint venture United Launch Alliance has received a potential $152.4M contract to produce a heavy rocket for the National Reconnaissance Office‘s Launch Mission One. The Defense Department said Wednesday ULA will help the agency launch the mission with a heavy configuration of the Delta IV Evolved Expendable Launch Vehicle. The U.S. Air Force‘s Space and Missile
Northrop Grumman (NYSE: NOC), United Launch Alliance and Blue Origin will build rocket prototypes under three separate other-transaction agreements with the U.S. Air Force in support of the Evolved Expendable Launch Vehicle program. Northrop’s innovation systems business received a potential $791.6M OTA to develop the OmegA launch system and ULA secured a potential $967M contract