Category Archives: Economics

The Pace Of Vulcan Rockets

The Air Force is growing concerned.

I suspect that ULA has been so focused on competing against SpaceX on price that it’s ignored the need to compete on tempo. The fact that SpaceX reuses its boosters means that its launch cadence is not constrained by manufacturing capacity. I think that ULA made a bad decision in assuming that launch rates would not be dramatically increasing when doing its cost/benefit analysis on reusability.