As tensions between Russia and the US move to new heights comes Senate testimony today that the US space program is critically dependent on Russia for rocket engines. If Russia were to stop shipments of rocket engines critical national-security missions could be delayed up to four years. United Launch Alliance’s (ULA), a joint venture between military industrial players Lockheed Martin Corporation (NYSE:LMT) and The Boeing Company (NYSE:BA), has been handed the Pentagon contract without much competition and relies on a Russian RD-180 engine to get off the ground. Russian Deputy Prime Minister threatened to cut off rocket engines sales Russia isn’t…
Concern Over Dependence on Russian Rocket Engines Grows
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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