Orbital Drops Antitrust Lawsuit Against ULA

Orbital Sciences Corp. is dropping an antitrust lawsuit filed in June against United Launch Alliance alleging that the Denver-based rocket maker illegally prevented Orbital from buying the Russian-made RD-180 rocket engine, according to a statement filed March 20 with the U.S. Securities and Exchange Commission.

"The parties will now undertake to negotiate a business resolution for Orbital's access to the RD-180 rocket engine, subject to all necessary approvals from the U.S. and Russian governments," Orbital said in the filing. "If a mutually agreeable resolution is not reached, Orbital will have the option to refile its lawsuit."

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