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Doug Pentecost - 3 Pentecost - 3 CNBC's Michael Sheetz - 1 SSC's - 1 ramped - 1 it's - 1 I've - 1 we've - 1
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Search resuls for: "Doug Pentecost"


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☆ Investing in Space: The military doled out $6 billion for rocket launches — and it's not done yet
  + stars: | 2023-11-09 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +4 min
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. The orders are in and we now finally know how the Space Force's most recent block buy of rocket launches shook out: In the end, the military dished out over $5.6 billion in contracts to SpaceX and ULA for 48 launches. The folks over at Space Force's Space Systems Command shared with me the full breakdown of the National Security Space Launch (NSSL) Phase 2 contract awards. In total, Space Force assigned United Launch Alliance (ULA) with 26 missions worth $3.1 billion, while SpaceX got 22 missions worth $2.5 billion. One important thing to keep in mind: This discussion is entirely about ordering launches, not actually launching the rockets themselves.
Persons: CNBC's Michael Sheetz, SSC's, Doug Pentecost, ramped, Pentecost, it's, I've, we've Organizations: SpaceX, Space Force, Systems Command, National Security, United Launch, DOD, Space, SSC Locations: ULA, U.S
☆ Space Force awards $2.5 billion in rocket contracts to SpaceX and ULA for 21 launches
  + stars: | 2023-11-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +3 min
A SpaceX Falcon Heavy rocket launches on its mission with a classified payload for the U.S. Space Force at Cape Canaveral, Florida, on Nov. 1, 2022. The U.S. Space Force assigned 21 rocket launches to SpaceX and United Launch Alliance, worth about $2.5 billion in total, the military branch told CNBC. Space Force expanded the NSSL Phase 2 program significantly since naming SpaceX and ULA as its two launch providers in 2020. Space Force had previously announced that of mission assignments, 60% would go to ULA and 40% to SpaceX. The final Phase 2 assignments come as Space Force prepares to ramp up the NSSL program even further with Phase 3.
Persons: Lockheed Martin, Doug Pentecost, ULA, Elon, Pentecost, SpaceX's, ULA's Vulcan Organizations: SpaceX, Heavy, U.S . Space Force, Space Systems Command, Boeing, Lockheed, Falcon, Force's, Systems Command, Tuesday, United Launch Alliance, CNBC, USSF, Space Force, CNBC PRO Locations: Cape Canaveral , Florida, ULA, U.S
☆ Space Force raises the stakes as rocket companies compete for lucrative military missions
  + stars: | 2023-07-22 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +2 min
The U.S. military is raising the stakes — and widening the field — on a high-profile competition for Space Force mission contracts. The Space Force plans to buy even more rocket launches from companies in the coming years than previously expected, granting more companies a chance at securing billions in potential contracts. Earlier this year the Space Force kicked off the process to buy five years' worth of launches, under a lucrative program known as National Security Space Launch (NSSL) Phase 3. Pentecost said Space Force hosted an industry day in February to go over the program's details and had 22 companies show up. That's split into "Launch Service," meaning how much it costs to build and launch a rocket, and the "Launch Service Support," which covers special requirements the military may have for launch.
Persons: Doug Pentecost, Pentecost Organizations: U.S, Space Force, Force's, Systems Command, Security Locations: U.S
☆ Space Force is taking a 'mutual fund approach' to buying rocket launches
  + stars: | 2023-02-24 | by ( Michael Sheetz | ) www.cnbc.com   time to read: +3 min
Earlier this month the Space Force kicked off the process to buy five years worth of launches, under a lucrative program known as National Security Space Launch Phase 3. The U.S. military is preparing to buy another round of rocket launches from companies next year, and Space Force leadership says they're taking a new "mutual fund approach" to the acquisition strategy. But, with a number of companies bringing rockets to market, Space Force is splitting NSSL Phase 3 into two groups for about 70 launches. Space Force leadership named several companies that can now compete in the dual-track process, including Rocket Lab , Relativity and ABL Space. Separately, Space Force is closely watching the growing demand for commercial launches.
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