Surging rocket motor demand drives Pentagon to buy from upstart Ursa Major

March 6, 2024

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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