The Business Times
SUBSCRIBERS

US Air Force blocked from buying Russia-made engines

Published Thu, May 1, 2014 · 10:00 PM
Share this article.

[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.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here