Rick Jones wrote:
Isn't NorthropGrumman the only "major" US defense contractor without a
"serious" launch capability? One could see them investing in SpaceX
as a further fleshing-out of their Scaled Composites purchase.


The speculation is that they will use the WhiteKnightTwo as a carrier
for some sort of rocket booster to carry a modest-sized (around 500
pound) satellite into orbit.
Scaled Composites makes the wing for the Pegasus launch vehicle, so
maybe they have something along those lines in mind.

Pat