Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

U.S. Air Force leader eyes SpaceX launch certification by June

Published 03/10/2015, 11:30 PM
Updated 03/10/2015, 11:30 PM
© Reuters. The unmanned Falcon 9 rocket lifts off from launch pad 40 the Cape Canaveral Air Force Station in Cape Canaveral

WASHINGTON (Reuters) - The U.S. Air Force hopes to certify privately-held Space Exploration Technologies, or SpaceX, to launch some U.S. military and intelligence satellites into space using its Falcon 9 rocket by June, a top official told Reuters on Tuesday.

"I think we're still looking at ... June," Lieutenant General Ellen Pawlikowski, the top uniformed officer in charge of Air Force acquisition, told Reuters after a speech at the annual Women in Defense conference.

Pawlikowski, nominated by President Barack Obama to head Air Force Materiel Command, said she was disappointed the Air Force had not been able to certify SpaceX for the launches by December, as initially hoped, but said she was "encouraged that we're close."

The general said allowing SpaceX to enter a market dominated by United Launch Alliance, a joint venture of the two top Pentagon suppliers, Lockheed Martin Corp (NYSE:LMT) and Boeing Co, would let the Air Force leverage the commercial market and help reduce the cost of launching satellites into space.

Pawlikowski, who trimmed the cost of satellite programs by $3 billion during her tenure as the head of Air Force Space and Missiles Systems Center, welcomed a variety of initiatives under way across the Pentagon to benefit from investment by commercial firms like SpaceX.

She cited some lingering institutional resistance to change, but said the Air Force was working more closely with industry to understand how simple adjustments in requirements for weapons systems could lower costs and free up resources for other work.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

She said one key step was empowering acquisition officials to look at innovative products and solutions instead of turning to the same suppliers and products that had always been used.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.