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Boeing recently announced the completion of its sale of its Rocketdyne Propulsion & Power business to United Technologies Corporation, effective August 2. Boeing and United Technologies first announced the sale agreement Feb. 22, 2005, and the financial implications were disclosed with Boeing's results for the second quarter on July 27. Rocketdyne is primarily a rocket engine developer and builder, and provides main engines for the Space Shuttle and the Delta family of expendable launch vehicles, as well as propulsion systems for missile defense systems. The sale includes sites and assets in California, Alabama, Mississippi and Florida. Related Links Boeing SpaceWar Search SpaceWar Subscribe To SpaceWar Express
Houston TX (UPI) Aug 02, 2005NASA engineers reportedly will abandon the basic space shuttle design in the next generation of U.S. spacecraft to make them safer and more powerful. |
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