Boeing Completes Sale Of Rocketdyne Propulsion Unit To United Technologies

ROCKET SCIENCE

St Louis MO (SPX) Aug 08, 2005
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.

ROCKET SCIENCE

Thumbs Up For 60-Second Firing

Paris, France (ESA) Aug 03, 2005
Hot-firing tests of the new Vinci cryogenic upper-stage engine reached a new high on Wednesday with a successful test lasting 60 seconds. This is the longest duration test since trials began and the first carried out under full test conditions.

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