Pentagon Contracts Favor SpaceX, Leaving Rivals Squeezed

Bloomberg reports that Pentagon contracts increasingly go to SpaceX, squeezing out other contractors including York Space Systems. York had told IPO investors that a share of the $185 billion Golden Dome missile defense project would drive growth, but ran into SpaceX competition.

• York Space Systems pitched investors on a share of the $185 billion Golden Dome project
• Pentagon contracts are concentrating around SpaceX, squeezing other contractors
• Rivals complain of SpaceX pressure in contract allocation