US Air Force blocked from buying Russia-made engines
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SINGAPORE] Billionaire Elon Musk's Space Exploration Technologies Corp won a court order temporarily blocking the US Air Force from buying Russian-made rocket engines from a Boeing Co-Lockheed Martin Corp venture.
Judge Susan Braden's preliminary injunction doesn't cover earlier purchases or payments. She said she reached Wednesday's decision after considering public interest, national defence and security concerns.
SpaceX accused the Air Force of illegally shutting it out of the market for military satellite launches by giving a monopoly to the Boeing-Lockheed venture, which it said uses Russian-made engines.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore