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The European Union's executive commission said Tuesday that it has cleared a joint venture in space launch services between US defence contractors Lockheed Martin and Boeing. The commission, which polices competition issues in the EU, said the creation of the partnership - named the United Launch Alliance - would not "significantly impede competition" in the 25-nation block. ULA is structured as a 50-50 percent joint venture and will incorporate the production, engineering, test and launch operations of rockets for the US government. The commission said the venture did not have a "direct impact on customers" in the EU. All rights reserved. © 2005 Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse. Related Links SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express 
Britain's Marconi Mum On Reports Of Chinese Takeover
London (AFP) Aug 07, 2005Britain's Marconi declined to comment Sunday on reports that its Chinese partner, Huawei Technologies, was in takeover talks for the struggling telecoms equipment maker. |
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