Boeing and Lockheed Martin to resubmit filing for united launch alliance
CHICAGO (Lockheed Martin) - Lockheed Martin Corporation and The Boeing Company announced today that they have withdrawn their filing pursuant to the Hart-Scott-Rodino Anti-Trust Improvements Act of 1976 regarding the formation of the United Launch Alliance, LLC (ULA). The companies intend to resubmit their filing later this week.
The companies are resubmitting their filing to provide additional time for review of the proposed transaction. Upon resubmission, the 30-day clock for Federal Trade Commission consideration will restart.
ULA is a contemplated joint venture to be established by Lockheed Martin and Boeing to provide two families of expendable launch vehicles to U. S. Government customers.
Headquartered in Bethesda, Md., Lockheed Martin employs about 130,000 people worldwide and is principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. The corporation reported 2004 sales of $35.5 billion.