WASHINGTON (Reuters) -Desperate to address surging demand for solid fuel rocket engines, the Pentagon is close to giving a contract for new motors to the untested, privately held startup Ursa Major, according to two sources familiar with the situation. While rocket motors themselves are relatively inexpensive, they play a vital role in propelling billions of dollars of missiles and rockets on order to supply the war efforts in Ukraine and Israel, and to re-stock dwindling U.S. inventories. The contract – expected to be small and to fall under the Pentagon's development programs – would be a big vote of confidence in the upstart defense contractor as officials seek more suppliers beyond the two dominant rocket engine makers – Northrop Grumman and L3 Harris Technologies.
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![‘Massive’ housing bubble about to burst in this US region, warns a real estate expert — see where](https://thatisgoodtoknow.com/wp-content/uploads/2024/07/f4bea2f6456df531919618427f4559df-1080x675.jpg)
‘Massive’ housing bubble about to burst in this US region, warns a real estate expert — see where
A COVID-related rush to buy homes in this lower-tax region of the nation has since dwindled — and now there’s an all-time high number of homes for sale. Source