Musk Settles Dispute Against U.S. Air Force

Posted January 26, 2015 at 12:52pm

Tech Times reports that “Elon Musk, the CEO of SpaceX, has dropped the lawsuit against the U.S. Air Force. In a statement, SpaceX says that the latest settlement improves ‘competitive landscape’ for space launches.”  

“In April 2014, SpaceX filed a lawsuit against the U.S. Air Force alleging that the agency wrongly awarded a contract to the United Launch Alliance (ULA), which is a joint venture between Lockheed Martin and Boeing. The said contract involved launching military satellites for the Air Force. The lawsuit also alleged that an Air Force official was bribed for awarding the contract to ULA.”