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Business/Financial

NASA Gives Boeing $799.5 Million Contract For Ares I Rocket Avionics

DDN

Monday, December 17th, 2007

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The Boeing Co. [BA] beat out Ball Aerospace & Technologies Corp. [BLL] to win an up-to $799.5 million avionics instrument unit contract for the Ares I upper stage rocket that someday will lift the Orion crew exploration vehicle into space and on to the moon, NASA leaders announced in a news conference. That award completes the major contract announcements for the Constellation Program effort to design the next-generation U.S. spacecraft to replace the troubled space shuttle fleet. Lockheed Martin Corp.…

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