Headlines > News > FTC Seeks Info on Lockheed-Boeing Deal

FTC Seeks Info on Lockheed-Boeing Deal

Published by spacecowboy on Tue Oct 25, 2005 7:25 pm
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Monday October 24, 6:20 pm ET
FTC Seeks More Info on Proposed Lockheed-Boeing Satellite Venture

BETHESDA, Md. (AP) — Lockheed Martin Corp. and the Boeing Co. said Monday the Federal Trade Commission has asked for more information in its antitrust review of a proposed joint satellite-launch company.

The two defense contractors said in a joint statement that they believed the FTC needs additional time to review the United Launch Alliance. It marks the second time federal regulators have postponed a decision on the venture.

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