Lockheed-Boeing Alliance Hit With US Fine for Launch Delays
- Air Force won’t divulge fee, cites duration of ‘schedule slip’
- Second successful launch required before certification
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The US Air Force is imposing financial penalties on the United Launch Alliance, the Lockheed Martin Corp.- Boeing Co. joint venture, over delays of two military satellite launches this year, according to the service.
“The government is holding ULA accountable for delays in accordance with the terms” of its contract, the Air Force said in a statement.