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You are missing a very important data point: ULA receives nearly a billion dollars a year just to exist. They don't have to deliver a single vehicle. Free tax
by rebootthesystem 11y ago
You are missing a very important data point: ULA receives nearly a billion dollars a year just to exist. They don't have to deliver a single vehicle. Free tax-payer money being gifted to the highest bidder.
THAT has to end. Then let's see them compete.
- BurningFrog 11y agoHow much are they bidding? I'm in for $999M
- oarsinsync 11y agoHow/why/what? Is it through subsidies, or preferred govt contracts, or what? Why are they just being given money?
- rebootthesystem 10y agohttp://www.fool.com/investing/general/2015/04/04/these-corporate-subsidies-could-cost-you-1-billion.aspx http://www.fool.com/investing/general/2015/04/04/these-corpo...
- nradov 11y agoYou're mischaracterizing the payment. It isn't for existing, it's for maintaining standby launch capabilities. Being able to launch a military satellite on demand is valuable for national security purposes. So taxpayers are getting something for that money. (Whether we should be spending so much on the military in the first place is a separate issue.)
- rebootthesystem 10y agoNo. It's to exist. Remove that subsidy and they implode instantaneously. Their cost per launch would be just about the highest in the world.