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 launch military…
Pentagon To Open Space Launch Bidding
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.