Jeff Bezos' space company Blue Origin just landed a major rocket deal [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Blue Origin BE-4 engine test at Blue Origin's West Texas launch facility. Blue Origin, the space company founded by Jeff Bezos , has won a contract to supply its next-generation engines for the massive rocket United Launch Alliance (ULA) is developing, a person familiar with the negotiations told CNBC. The company's BE-4 engine , the thunderous staple of Blue Origin's propulsion business, will power ULA's Vulcan rocket: A new heavy lift vehicle being built to compete with SpaceX for lucrative commercial and military contracts. ULA – a joint venture of Boeing and Lockheed Martin created in 2006 – will announce the deal on Thursday, the person said. ULA declined to comment, while Blue Origin did not immediately respond to CNBC requests. @JeffBezos: Here's one more shot of BE-4 in its transport cradle. Bezos is investing heavily in Blue Origin, pouring about $1 billion of his Amazon stock into the rocket venture each year
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