NASA ends Lockheed X-33 and X-34 programs.

Lockheed Martin responded to the NASA termination of funding for X-33/VentureStar with a statement that the business case didn't support continued development without government assistance. Lockheed Martin invested US$357 million in X-33.

Lockheed Martin said it was too early to determine whether there will be layoffs or reassignments within the company as a result of X-33's demise. Of the company's 170,000 employees, 174 in California and Louisiana worked on X-33. Lockheed Martin will focus on transferring its X-33 technologies to other programs.
Lockheed Martin is competing for funds to develop other Space Launch Initiative technologies apart from the X-33 program.

www.spaceandtech.com...
  

www.space.com...

Mod Edit: No Quote/Plagiarism – Please Review This Link.

Mod Edit: New External Source Tags – Please Review This Link.

Mod Note (This Appears On Every New Thread/Post Reply Page): MEMBERS: Do not simply post news articles in the forums without comment. If you feel inclined to make the board aware of current events, please post the first paragraph, a link to the entire story, AND your opinion, twist or take on the news item.










[edit on 4/1/2006 by Mirthful Me]

ummmmmm...why are you posting this?

The article is nearly 5 years old.

Among other things...

Thread closed.