Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

NASA tells SpaceX to halt lunar lander work pending contract challenges

Published 04/30/2021, 05:01 PM
Updated 04/30/2021, 05:30 PM
© Reuters. Astronauts arrive before launch to the International Space Station, in Cape Canaveral

By Eric M. Johnson

SEATTLE (Reuters) - U.S. space agency NASA has told Elon Musk's SpaceX to halt work under a contract it won to develop a lunar spacecraft, pending the outcome of challenges by rival bidders at the U.S. Government Accountability Office, the agency said on Friday.

NASA's decision means SpaceX has to stop any work specifically related to the moon program contract until the GAO makes a ruling, expected Aug. 4 at the latest.

A SpaceX spokesman did not immediately respond to a request for comment.

Earlier this month, NASA awarded SpaceX the lunar contract over billionaire Jeff Bezos' Blue Origin and defense contractor Dynetics.

The high-profile project aims to put humans back on the moon for the first time since 1972.

Blue Origin on Monday filed a protest with the GAO, arguing among other things that NASA gave SpaceX the chance to revise its bid but did not give that chance to Blue Origin.

Blue Origin also argues the decision extends SpaceX's "monopolistic" control in space exploration.

The GAO confirmed that Dynetics has also challenged the NASA contract award to SpaceX.

© Reuters. Astronauts arrive before launch to the International Space Station, in Cape Canaveral

"Pursuant to the GAO protests, NASA instructed SpaceX that progress on the HLS (human landing system) contract has been suspended until GAO resolves all outstanding litigation related to this procurement," the agency said on Friday.

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.