Daily Management Review

Blue Origin bids to buy aerospace company United Launch Alliance


American aerospace companies Boeing Co. and Lockheed Martin have received offers from Jeff Bezos' Blue Origin and private equity firm Cerberus to buy launch vehicle manufacturer United Launch Alliance (ULA), the Wall Street Journal writes.

The amounts of the bids made by Cerberus and Blue Origin are not disclosed. Jefferies puts the ULA between $2 and $3 billion. It was offered for $2 billion in 2015.

A company that makes goods for the military and aviation sectors, Textron Inc., is also considering buying ULA.

Boeing and Lockheed Martin own ULA in equal shares.

source: wsj.com