by Stephen Petranek, Daily Reckoning.com:
The last 10 days have rocked and shocked the space business.
First, on April 24, Elon Musk, CEO of Space Exploration Technologies (SpaceX) emailed journalists in Washington, D.C., that he had a surprise to announce the next day at a press conference. And what a surprise — Musk challenged the cozy arrangement between the Air Force and United Launch Alliance, an oligopoly between Lockheed Martin and Boeing that launches all of America’s national security satellites.
Musk denounced the noncompetitive contract United Launch had just won for 36 launches and proceeded to sue the government. “What we feel is that this is not right — that the national security launches should be put up for competition and they should not be awarded on a sole-source, uncompeted basis,” Musk said.
Please follow SGT Report on Twitter & help share the message.