What Blue Origin's Failure to Launch Means for Boeing and Lockheed

Three years ago, United Launch Alliance (ULA) made a fateful choice: The spacefaring joint venture between Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) would design its new Vulcan space rocket around new BE-4 engines being designed by Jeff Bezos' Blue Origin rocket company. In so doing, ULA officially passed on Aerojet Rocketdyne's (NYSE: AJRD) AR1 engine -- and hitched its fortunes to Blue Origin instead.  

That may have been a mistake.

Stressed by Blue Origin, ULA's Vulcan plans are coming apart at the seams. Image source: United Launch Alliance.

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Source Fool.com