
Propulsion technology startup Ursa Major on Monday said it has received an engineering contract from the Navy to develop and test a new design for the legacy Mk 104 solid rocket motor (SRM) that powers the service’s family of ship-launched Standard Missiles with a goal to enter low-rate production in two to three years. If successful, the development would be an important step in the Defense Department’s goal of expanding production capacity for SRMs, which power an array of ground,…