Pentagon To Open Space Launch Bidding

Elon Musk could get his wish and head into direct competition with defense goliaths such as The Boeing Company (NYSE:BA) and Lockheed Martin Corporation (NYSE:LMT) and compete for US satellite launches.

SpaceX in the process of certifying

As previously reported in ValueWalk, Musk’s Space Exploration Technology Corporation, known as SpaceX, was currently in the process of certifying the company so it could compete for such projects, considered among the more lucrative government contracts.  The US Air Force is spending nearly $60 million and has dedicated up to 100 people to certify Musk’s Space Exploration Technologies Corporation so it can...