Saturday, July 21, 2007

Scaled Composites Now Owned by Northrop Grumman

I was this over at Space.com. "Northrop Grumman Buys Builder of SpaceShipOne". This is interesting, Scaled Composites, the company that Burt Rutan and Richard Branson formed to create SpaceShipOne and are currently working on SpaceShipTwo is now 100% owned by Northrop Grumman. "SpaceShipTwo Development Benefits By New Equity Deal". Northrop Grumman previously had a 40% equity ownership.

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