Ron Burgundy Posted October 3, 2015 Share Posted October 3, 2015 By Andrea Shalal WASHINGTON (Reuters) - Orbital ATK Inc beat out Aerojet Rocketdyne Holdings Inc to become the future sole supplier of solid rocket boosters for United Launch Alliance by offering better long-term pricing agreements, substantial cost reductions and more investment, ULA said Friday. Tory Bruno, chief executive officer of the 50-50 venture owned by Lockheed Martin Corp and Boeing Co, said the deal with Orbital, announced last week, was one of many strategic agreements the company was forging with big suppliers to drive down costs and prepare for more competition. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.