SpaceX Gains Approval to Enter $70 Billion Military Market
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The Falcon 9 rocket of Elon Musk’s SpaceX won U.S. Air Force certification for national security space missions, breaking the hold on sensitive satellite launches by a Boeing Co.-Lockheed Martin Corp. venture.
Space Exploration Technologies Corp. is expected to bring competition to military launches after reshaping the commercial rocket market with prices posted on its website. The first contest between the two launch providers could heat up as soon as June, when the Air Force said it will issue a request for proposal for GPS III launch services.